Page 361 - F2 Integrated Workbook STUDENT 2019

Chapter 17

Foreign currency translation

Outcome

By the end of this session you should be able to:

 determine the functional currency of an entity

 translate a foreign subsidiary’s financial statements

 prepare the consolidated financial statement of a group including a foreign
subsidiary

and answer questions relating to those areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 17 of your Study Text.

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