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Functional currency

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Functional currency

  • This topic has 1 reply, 2 voices, and was last updated 15 years ago by MikeLittle.
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  • December 6, 2010 at 8:30 am #46664
    lauzzio
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    Hello!

    I am struggling to get my head around the need to translate figures when the functional currency is the same as the parents. If thery’re the same, why do you need to translate??

    Please explain!

    Many thanks!

    Laura

    December 6, 2010 at 1:17 pm #72671
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23361
    • ☆☆☆☆☆

    Just answered this on P7 chat with the tutor session

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