Does anyone spot the AWFUL ERRORS in the Consolidated Statement of Financial Position (page 2) in the latest quarter result?
Shouldn't be the "amount due from subsidiaries" and "amount due to subsidiaries" need to be eliminated entirely for the consolidation?
This is affecting the other figures of the Consolidated Statement of Financial Position and/or the Consolidated Statement of Profit and Loss and Comprehensive Income as the elimination is not applied on the consolidation basis!
Stock: [MERIDIAN]: MERIDIAN BERHAD
2020-08-27 21:51 | Report Abuse
Does anyone spot the AWFUL ERRORS in the Consolidated Statement of Financial Position (page 2) in the latest quarter result?
Shouldn't be the "amount due from subsidiaries" and "amount due to subsidiaries" need to be eliminated entirely for the consolidation?
This is affecting the other figures of the Consolidated Statement of Financial Position and/or the Consolidated Statement of Profit and Loss and Comprehensive Income as the elimination is not applied on the consolidation basis!