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Fixed asset register Note to the accounts

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Fixed asset register Note to the accounts

  • This topic has 0 replies, 1 voice, and was last updated 6 hours ago by Dansa.
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  • June 7, 2025 at 9:48 pm #717785
    Dansa
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    • Topics: 8
    • Replies: 14
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    Hello tutors

    The Notes to the accounts normally have a fixed asset register note which says

    B/f balance
    Additions
    Disposals
    Fx translation effects
    C/f balance

    If we have a group where a subsidiary has fixed assets in foreign currency

    How would we calculate the effect of the fx translation on the fixed assets in the foreign subsidiary? If we normally only do the translating of the net assets or its trial balance

    Thanks

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