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Question about group FX gain and losses treatment

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Question about group FX gain and losses treatment

  • This topic has 2 replies, 2 voices, and was last updated 10 years ago by dadabobo.
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  • May 5, 2015 at 1:41 pm #244171
    dadabobo
    Member
    • Topics: 10
    • Replies: 6
    • ☆

    Dear all and Mike,

    I would like to know if I can include an fx exchange gain reserve in OCE in final group SoFP presentation or if I should create an individual line “FX gain reserve” in the equity section’? Are either ok? Is one more correct?

    Thank you,

    Nabil

    May 5, 2015 at 5:33 pm #244207
    Ruby
    Member
    • Topics: 4
    • Replies: 46
    • ☆☆

    The group FX exchange difference will end up in OCE so I think it is okay if you include it in OCE, as long as you show your workings. 🙂

    May 5, 2015 at 7:26 pm #244228
    dadabobo
    Member
    • Topics: 10
    • Replies: 6
    • ☆

    Thank you for your quick answer 🙂

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