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Old 11-20-2008, 02:30 PM   #1
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Join Date: Jun 2008
Location: Croydon UK
Studying: F7 F8
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Smile Attention For Fr7(uk) Wizzkids! Help

Hi all

I am doing ACCA FR7(UK) and recently did two days revision course but still having problem grasping CONSOLIDATED P&L RESERVE and MINORITY interest calculation. Any whizzkids out there please help, the answers i have from the teacher and the examiner though same figure but totally different calculations.

Please can anyone give me a template with all possibilities scenario what can be in a Consolidated reserve and minority interest computations. Are the calculations different when we do not have associate or when we have P&L and B/Sheet rather than just a B/Sheet with P+S+A?? also do we put PUP in the calculations? and what's the treatment when P sells to S or A and when S or A sell to P. Sorry for the many questions, the teacher do not take questions by email rather than phone and its hard to get him

Many thanks whoever can help me on that, god bless.
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