Exchange gain or loss on net assetsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Exchange gain or loss on net assetsThis topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 12, 2018 at 9:54 am #451456 adenike06MemberTopics: 2Replies: 0☆Hopefuly a quick question. When calculating profit for the year (within a exchane gain or loss on opening net assets and profit) do i use the movment in retained earnings or movment in net assets for profit for tgr year? May 13, 2018 at 9:15 am #451612 P2-D2KeymasterTopics: 4Replies: 7172☆☆☆☆☆Hi,You take the profit figure from the statement of profit or loss.ThanksAuthorPostsViewing 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