Foreign Subsidiary

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November 9, 2013 at 11:23 am #145159
anisa786
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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
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‘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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