Hi . For the consolidation questions on FOREX ... I've seen past questions on statement of financial position but haven't seen any forex tested on statement of profit and loss.
Is that right ??
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Forex -consolidation
9y ago#1Hi,
Forex on profit or loss isn't very exciting hence why we've only seen it examined as a statement of financial position.
Just note through that there could be a foreign transaction that occurs in a statement of profit or loss.
Thanks
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