- This topic has 3 replies, 2 voices, and was last updated 7 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
Help please..
There are different methods of consolidation for a foreign sub in different textbooks, however, I find the method used by opentuition very easy.
We do net asset and goodwill working in functional currency and use closing rate to translate and then at the end, do an additional working for gain or loss on investment in sub using HR v CR.
Is there a similar approach for SOPLOCI?
Thanks for your help.
Hi,
No the group SPLOCI is less complicated and so there is no change to any format.
Thanks
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.