Corvane SA (financial year = calendar year) published a year-to-date profit of 2,150,000 at 30 June. According to its accounts, the profit of the third quarter is 680,000 (case data). The draft report at 30 September shows a year-to-date profit of 2,850,000. Calculate the year-to-date profit at 30 September by adding the quarter to the figure at 30 June, then the control difference with the draft (draft year-to-date figure less recalculated figure).
- Year-to-date profit at 30 June (published)
- 2,150,000
- Profit of the third quarter
- 680,000
- Year-to-date profit at 30 September (draft report)
- 2,850,000