P2 - Study Text - Reporting possible error.

[kennychua]

Hi,

With references P2 - Study Text 2011 - Edition 3, Version 1 - page 409

ii Upstream transaction

The adjustment made to eliminate group's share in unrealised intra-group profits when there are upstream transaction and the inventory is to held by the associate (I believe it should be "investor" here instead of "associate" - please correct me if I'm wrong), is

Regards,
Ken.

[rajen]

Hi Ken,

Yes, your observation is right.

We are very much thankful to you for pointing it out. We will ensure that it is correced in the next edition.

Regards,

Rajen

[kennychua]

The index for "Borrowing Cost" for this book is wrong.