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A quicky I hope

If a UK company has a foreign branch that has a different accounting year, am I right in thinking that the branch results for the UK accounting period (and not those based on the foreign accounting period) need to be incorporated into the UK company accounts? 

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25th Apr 2012 10:20

Quick answer

Yes

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25th Apr 2012 10:46

Joke

It's not a joke is it?  So, when drawing up accounting for a specific period, you want to include income and expenses for a different period?

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