Skip to content

Ask the Tutor ACCA SBR

Goodwill foreign exchange difference

GGoes7y ago
Hi, for goodwill exchange differences (on acq date vs year end), should it be put into retained earnings or into OCI? Thank you.
P2-D2P2-D2Tutor7y ago#2
Hi, Any gains on translation of an overseas subsidiary are recognised as a separate component of equity, being the translation reserve (OCI). Thanks
Sign into reply to this topic.