CIMA F2 Advanced Financial Reporting F2 Question # 27 Topic 3 Discussion

CIMA F2 Advanced Financial Reporting F2 Question # 27 Topic 3 Discussion

F2 Exam Topic 3 Question 27 Discussion:
Question #: 27
Topic #: 3

When consolidating for group accounts, a number of calculations and adjustments are required to properly combine the entities into a single group. Which of the following processes are involved in this consolidation

method?

Select ALL that apply:


A.

Add together the assets and liabilities of parent and subsidiary


B.

Adjust for investment in subsidiaries


C.

Adjustment for equity


D.

Adjustment for profits


E.

Adjustment for depreciation and amortisation


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