BBP:Aspire an 20Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › BBP:Aspire an 20This topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts September 5, 2020 at 3:31 am #583512 gayathree1234MemberTopics: 40Replies: 1☆Hi sir,When calculating goodwill for foreign subsidiary it’s FVNA and NCI should be retranslated using closing rate.But in the answer they are retranslated using the transaction rate.Please explain.Thank you.. September 5, 2020 at 4:26 pm #583589 Stephen WidbergKeymasterTopics: 15Replies: 3216☆☆☆☆☆Calculate the goodwill in the foreign currency.Then translate the final figure at the closing rate.Job done – that’s what you’ll be asked for.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In