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Dear Mr. Mike
Thanks for supporting us.
I have a question regarding example 2 consolidation of foreign subsidiary. In W2 you deducted NA@DOA translated by cloing exchange rate from the cost of investment and NCI in the parent’s reporting currency. While Bpp example 23, they calculated the cost of investment and NCI in the subsidiary function currency @DOA then dedcted NA@DOA in the subsidiary function currency after that they translated the outcome to the parent’s reporting currency using closing rate, which results in different outcomes. Please clarifyBest regards
Mohamed
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