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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 21 presentation and functional currency
Sir
translation of financial statement is necessary if the subsidiary has a functional currency other than the presentation currency of parent co
OR
translation of financial statement is necessary if the subsidiary has a functional currency other than the functional currency of parent co?
Which statement is correct and appropriate?
I would write the FIRST statement.
🙂
