ACCA P2 Vertical group structure Example 1

[@hafizshoaib1147]

Excellent teaching style❤

[@ievapetrauskaite5117]

Very well explained! It help me a lot! ❤❤❤

[@hacercapital1615]

thanks for the video.... it rlly helped me on my assessment
God Bless You

[@aboagyeandrews6311]

Well explained

[@kwodwoamonoograham3380]

In the question the Retained Earnings of Gayle at Reporting Date was 75,000 . I see 70,00 in the calculation of Net Assets

[@efe3881]

Kwodwo Amonoo Graham I noticed that too. Must be a mistake

[@my3407]

Thank you

[@elibedzrah6106]

If the Parent assumed control of the SS on July 1, shouldn't the retained earnings be pro-rated?

[@laminulams8723]

The question said that on 1/6 Gayle acquired Russell's equity.
Then why are taking 100% share of consolidation rather than 50%(ie 6/12 months)?

[@fig_and_peaches_fitness]

Because it's a SOFP rather than a P&L. A P&L would be pro rata'd as you describe.

[@laminulams8723]

fiona Sinclair
Thanks,
And I meant the post acquisition profit not asset and liabilities, thanks once more again for your explanations