How do you do up the Consolidated
This post has been edited by legiwei: Nov 24 2008, 11:55 PM
ACCA (V4), Accountants
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 Nov 24 2008, 09:46 PM
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#1
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606 posts Joined: Jan 2003 
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Got a question here,
How do you do up the Consolidated This post has been edited by legiwei: Nov 24 2008, 11:55 PM |
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Nov 24 2008, 11:21 PM
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#2
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Senior Member
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QUOTE(ThanatosSwiftfire @ Nov 24 2008, 10:14 PM) simple, assume revenue accrue evenly, divide the period into 60% periods, and the 80% period. Sorry wrong question, it's Consolidated Cashflow instead of Income Statement, mistyped >.<. Anyway if I'm not mistaken, the above calculation is incorrect (at first I also thought it was ur method) as the pft for the first 9 mths (20% portion )of the MI will go to the calculation of GW for the holding company as he has acquired that additional 20% instead of being included in the MI for the CIS.say 30/9/X8 they up it to 80% from 60, y/e 31/12/2008, for 9 months, MI has 40%, and for the remaining 3 months, MI has 20%. total MI for the year = Pft for 9 mths * 40% + pft for 3 mths * 20% (this is standard assumption only la)  P/S : Isn't MI now known as NCI already? This post has been edited by legiwei: Nov 24 2008, 11:53 PM |
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