How To Prepare Consolidated Income Statement - |ACCA|ICAG|CIMA|CFA|CPA - Nhyira Premium

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How To Prepare Consolidated Income Statement - |ACCA|ICAG|CIMA|CFA|CPA - Nhyira Premium
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[@mwilanamumba9785]

I enjoy your lecture very helpful 🥺🥰

[@hussainithliza3315]

Good, I really appreciate your efforts

[@emmanuelanang5796]

Please with the profit for the year in the net assets schedule, why didn't you use 9/12 instead? Because we are interested in the period that we were in control of the Subsidiary.

[@emmanuelanang5796]

Hello Nyhira. Can you please make a video on capital reconstruction schemes?
I have an exam next month and i don't really understand what I'm reading from the textbook.

[@banguraibrahimadikalie212]

By the calculation of good will we need to less the impairement value

[@victoryrichman]

Thank you

[@elvisagbanyo8751]

Nhyira please, why did you incorporate the contingent liability in ascertaining the net asset at acquisition date ( 35 minutes in the video) ? because I understand that contingent liability is not to be recognized but disclosed according to IAS 37

[@NhyiraPremium]

That is not what the standard says. Please read the standard well.
Contingent liability must be provided for if it is virtually certain.

[@BlessingIdowu-rk9ct]

Good day sir
Pls I needed solutions on consolidated income statement account and change in equity

[@joycemike2889]

Morning sir

[@nhlakaniphosiyabongandwand5278]

I just dont get it well deferred consideration

[@NhyiraPremium]

Please rewatch that part of the video.

[@banguraibrahimadikalie212]

How much the cost of your text book

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[@Dinu_Keshani_Abeywickrama]

Why did you add depreciation to cost of sales? 🤔

[@NhyiraPremium]

It's depreciation of Plants