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Impairment of goodwill – foreign subsidiary

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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October 21, 2023 at 9:43 pm #693795
mariya2311
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Hello,
My question relates to Impairment of goodwill – foreign subsidiary. In the revision lectures of Mar/Jun 2020 – question Hummings Co, you mention that Impariment loss could be retlanslated using either CR or AR. So it doesnt matter which one will be chosen?
Thanks!
October 22, 2023 at 7:04 am #693802
Stephen Widberg
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There’s a choice. Up to you unless they tell you what to do.
🙂
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