Preparing
Consolidated SFP
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Preparing Consolidated Financials: Fair Value & Intra Group Trading Adjustments, Study notes of Financial Accounting
The necessary adjustments when preparing a consolidated statement of financial position (sfp). These adjustments include fair value adjustment (fva), intra group trading, and provision for unrealized profits (purp). The document also mentions the consideration of mid-year acquisitions.
Typology: Study notes
2022/2023
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Preparing
Consolidated SFP
Adjustments
There will be some adjustments that will be necessary in preparation of a consolidated SFP. These can be;
- Fair Value Adjustment (FVA)
- Intra Group Trading – Current Accounts
- Provision for Unrealized Profits (PURP)
Fair Value Cont. …
Fair Value Cont.….
Intra Group Trading
Cont..
- Unrealized Profits (PURP)