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Foreign Operations – Goodwill

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Foreign Operations – Goodwill

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  • September 17, 2022 at 5:24 pm #666629
    akka17bakka
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    Hello Tutor,

    When consolidated, the goodwill of the foreign subsidiary should be stated in it’s functional currency irrespective of the currency of the Parent’s currency. Is this correct?

    Thanks.

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