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Laurence Hew (Siang Loong) says
December 16, 2017 at 10:05 am
I have two doubts here:
1. Since there is an adjustment made in SFP on the fair value adjustment of PPE and Group RE, why the difference in depreciation is not being reflected in SPL?
2. Based on the calculation, there is a foreign exchange loss on investment, and it has beed reflected in Group RE as well, why this loss is not being reflected in SPL?
December 30, 2017 at 2:01 pm
The first one was non depreciate land so there is no depreciation to be reflected in SPL.
May 11, 2017 at 9:08 pm
Quick question: Is my understanding correct that the adjustments of retained earnings due to FX fluctuation in the investment are not P&L effective? I was wondering what the accounting entry would be for that specific occurrence.
May 11, 2017 at 9:32 pm
Nevermind, it’s explained in the next chapter 😀
November 1, 2016 at 2:16 pm
Hi…i hv seen other resources which mentioned that share capital, fb adj, Group RE pre acq has to b retranslated to HR and not CR. Need clarification, thankd
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