In any situation is it possible to happen profit in functional currency and loss in presentation currency in the income statement of comparative period because of translating balance sheet items by reporting date exchange rate. Please reply with reference.
Regards
Md. Touhidul
Ask the Tutor ACCA FR
Profit in functional currency and loss in Presentation currency or vice-versa
Hi,
This point is more relevant to SBR and not FR.
Thanks
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