consolidation accounting (1 Viewer)

[lexie85]

In consolidation, what does 'EOP' and 'SOP' stand for ? Eg: SOP retained profits

 

[MrRock]

As i'm only doing ACCG105 now, im pretty clueless. But i'm gonna take a guess and say.
SOP - Start of period
EOP - end of period

 

[Supra]

you are probably right, since they always consider retained profits at the beginning of the period, add net profit/subtract net loss, less dividends, to find the retained profits at the end of the accounting period...im assuming lexie would be doing accg200/1/250/251 so hopefully someone can confirm.

 

[redruM]

http://community.boredofstudies.org/search.php?searchid=2334819

I've never come across the abbreviations at Macquarie

 

[*hopeful*]

Yeh u guys are right, its start and end

its all over accg310, i'd never heard of it before though....