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Foreign Subsidiary

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Foreign Subsidiary

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by acca13.
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  • November 9, 2013 at 11:23 am #145159
    anisa786
    Member
    • Topics: 45
    • Replies: 37
    • ☆☆

    HI,

    Would like to know if we will get a whole question on foreign subsidiaries or a consolidated question where foreign subs are featured and therefore represents a small fraction of the question?

    If so, I want to make certain that I get it correct.

    Please can someone point out what are the most important points I need to remember when consolidating a foreign subsidiary.

    Good Luck to all writing!

    November 13, 2013 at 6:28 am #145768
    acca13
    Member
    • Topics: 57
    • Replies: 172
    • ☆☆☆

    ‘Usually’ one of the subsidiary is foreign..
    Retranslation of the currency and exchange gains and losses should always be considered while solving a question

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