Can someone explain as to how to show PROPOSED DIVIDEN IN SCHEDULE VI
In CONSOLIDATED ACCOUNTS HOW TO SHOW DIVIDEND RECD FROM SUBSIDIARY.??
WILL IT EFFECT THE POST ACQUISITON PROFITS CALCULATED.??
ALSO PLS EXPLAIN AS 11 PARA 46A..
deepak (Student CA Final ) (86 Points)
30 October 2012Can someone explain as to how to show PROPOSED DIVIDEN IN SCHEDULE VI
In CONSOLIDATED ACCOUNTS HOW TO SHOW DIVIDEND RECD FROM SUBSIDIARY.??
WILL IT EFFECT THE POST ACQUISITON PROFITS CALCULATED.??
ALSO PLS EXPLAIN AS 11 PARA 46A..
CA Pooja Agarwal
(Chartered Accountant)
(3228 Points)
Replied 30 October 2012
for clarifaication on AS 11,refer the following link:
/articles/analysis-of-clarification-issued-by-mca-dated-9-8-2012-14841.asp
ABHINANDAN JAIN
(CA Student)
(886 Points)
Replied 30 October 2012
In my opinion:
Proposed dividend will be shown in Reserves & Surplus whether it is of Holding or Subsy....
As far as Consolidation is concerned,In CBS also it shud be shown as mentioend above..
deepak
(Student CA Final )
(86 Points)
Replied 30 October 2012
@ Pooja can u pls expalin wat is the difference in Para 46 and Para46A of As11..as i could not find any difference..
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