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when asked to consolidate in exam

MrSzyslak · 2014-08-07 22:01:12

Say there are 3 companies involved parent and two subsidiaries. do we need column for each the whole way down like the solutions. or will just the draft for the parent and adjustments and Final column do?? Essentially is it just the final consolidated figure thats required? If anyone knows quick be great,,, exam tomorrow..…

07-08-2014 11:01PM

#1

MrSzyslak

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Join Date: November 2013

Posts: 180

Say there are 3 companies involved parent and two subsidiaries.

do we need column for each the whole way down like the solutions. or will just the draft for the parent and adjustments and Final column do??

Essentially is it just the final consolidated figure thats required?

If anyone knows quick be great,,, exam tomorrow.. :-)

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Comments

#2 09-08-2014 09:22PM

masoodsarwar

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Join Date: April 2011

Posts: 138

You just need to have one column for group account ... you can do simple working in brackets and more complex working in working notes and then cross reference them in your final accounts.

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