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Impairment of goodwill – foreign subsidiary

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Impairment of goodwill – foreign subsidiary

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by Stephen Widberg.
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    Posts
  • October 21, 2023 at 9:43 pm #693795
    mariya2311
    Participant
    • Topics: 11
    • Replies: 16
    • ☆

    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
    Keymaster
    • Topics: 17
    • Replies: 3447
    • ☆☆☆☆☆

    There’s a choice. Up to you unless they tell you what to do.

    🙂

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