- This topic has 2 replies, 2 voices, and was last updated 12 years ago by .
Viewing 3 posts - 1 through 3 (of 3 total)
Viewing 3 posts - 1 through 3 (of 3 total)
- You must be logged in to reply to this topic.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › NCI translation rate
Im really confused what rate to use when calculating NCI?
Normally i did so:
NCI at opening rate
+ profit share at average rate
– any impairment at average rate.
but now i found in another book that NCI is translated at closing rate not opening, which one is correct?
There are optional methods used in foreign currency translation. Use the one you’re comfortable with
right, i hope i will not penalized if its wrong
