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Flashcards in Software Deck (26):
1

12. Account for difference on consolidation

2

11. Revalue asset acquire

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13. Write down goodwill on acquisition

4

15. Eliminate double -counting of net assets

5

21. Eliminate intragroup sales of merchandise

6

22a. Eliminate unrealised profit in closing stock

7

23a. Eliminate unrealised profit in opening stock

8

24. Eliminate intragroup trade debt

9

31a. Non-current asset transfer - reverse profit or loss

10

31c. Non-current asset transfer -adjust depreciation

11

32a. Capitalised stock transfer, adjust depreciation

12

32c. Capitalised stock transfer, adjust depreciation

13

41. Eliminate intragroup debenture

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42. Eliminate intragroup debenture interest

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43. Eliminate intragroup debenture interest owing

16

44. Eliminate intragroup loans

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45. Eliminate intragroup loan interest

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46. Eliminate intragroup loan interest owing

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47. Account for cash in transist

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52. Eliminate post-acquisition interim dividens paid

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54. Eliminate post-acquisition final dividend declared

22

55. Eliminate final dividend owing

23

63. Eliminate intragroup rental fees

24

64. Eliminate intragroup rental fee owing

25

72. Account for NCI (reserves)

26

71 Account for NCT (share capital)