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when calculating translation of foreign net asset

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › when calculating translation of foreign net asset

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 26, 2014 at 3:44 pm #170951
    alryami2009
    Member
    • Topics: 53
    • Replies: 36
    • ☆☆

    in question ribby and rose jun2008 and jun2011 in Pbb exem kit >
    why not calculating re translation from foreign asset . in caluclatuing NCI .

    When we should not caluclating forex in retrnslation of net asset and when not

    also i got for steam ( net asswt ( 495 dinar @ acq & 575 dinar@sfp )

    its right figuer

    May 26, 2014 at 6:19 pm #171006
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Did you read this before you hit “submit”?

    “in question ribby and rose jun2008 and jun2011 in Pbb exem kit >”

    Who is Pbb – I don’t have a copy of their exam kit, that’s for sure

    “why not calculating re translation from foreign asset . in caluclatuing NCI .

    Is caluclatuing a retrnslation of calculating?

    “When we should not caluclating forex in retrnslation of net asset and when not”

    Does the above question make any sense to you?

    “also i got for steam ( net asswt ( 495 dinar @ acq & 575 dinar@sfp )

    its right figuer”

    Please, please, please re-post this but on the next occasion, take your time and try to make sure that your questions are clear and understandable. You may consider it as your very own clarity project.

    Thanks

    🙂

    May 30, 2014 at 9:20 pm #172003
    alryami2009
    Member
    • Topics: 53
    • Replies: 36
    • ☆☆

    ribby and rose questions were in jun2008and jun2011.

    my question is when we have to calculate. group reserve. for foreing subusidary whic comprise net relasation. of exchang in diffrenc from net asset. and. add back to ! Nci and reterined earnning. . if the questulon give that good will used fair method or full good methed to value Nci. we have to take the persentage of forex gain or loss from retrsnslation of foringng net asset to the extant to % of nci. but my question. is in preparing sfp. when we dont. caluclat group reserve that comorise translation from gain of good will and net asset

    May 30, 2014 at 9:39 pm #172010
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    This is quite appalling! Do you have spell check on your computer?

    Sincerely, I have really tried to make sense of your question …… but I can’t find any sense in it.

    “but my question. is in preparing sfp. when we dont. caluclat group reserve that comorise translation from gain of good will and net asset”

    Is there a question in there?

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