21 December 2011
I had replied the Question 2 for Financial reporting question paper for May 2011 exam as per the method given in Paduka's text books.
Please let me know whether the same is correct or not with reference to suggested answers published by the Institute. The total of the balance sheet is the same in both the method.
Kindly clarify. Please do me the needful at your earliest.
22 December 2011
Thank you Anurag for prompt reply.
when i've solved the problem given in May 2011 exam according to Paduka's method there some difference in P&L and Minority interest figures but the B/s total matched with the institute's method.
i've also submitted the excel file of what i've done in solving problem in Caclub forum but no one replies.
i request you to please go through the excel file i've attached in forum and guide me for the difference.
i've faced such issues in some other problems also & didn't able to reconcile the difference or the reason for the difference.
CAclubindia
