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IAS 21 Foreign Currency - and group accounts!

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Manage episode 318924047 series 3263807
Content provided by Tom Clendon SBR online lecturer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Clendon SBR online lecturer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

At SBR we get involved in explaining how the financial statements of an overseas subsidiary are translated in the presentational currency of the group as part of the consolidation process. In this episode I set out the process and explain how the group exchange difference arises and how it is accounted! All good stuff.

There is a separate episode which just deals with foreign currency transactions and balances from the perspective of the individual company.

  continue reading

79 episodes

Artwork
iconShare
 
Manage episode 318924047 series 3263807
Content provided by Tom Clendon SBR online lecturer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Clendon SBR online lecturer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

At SBR we get involved in explaining how the financial statements of an overseas subsidiary are translated in the presentational currency of the group as part of the consolidation process. In this episode I set out the process and explain how the group exchange difference arises and how it is accounted! All good stuff.

There is a separate episode which just deals with foreign currency transactions and balances from the perspective of the individual company.

  continue reading

79 episodes

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