You’re offline. This is a read only version of the page.
20
When consolidating a company, it seems as though the convention is to value the balance sheet at the report date and the income statement on the average rate, but how is equity best dealt with in a BC consolidation? I see that different exchange rates are typically used, and most are straight-forward but I'm not entirely sure how the Composite rate and Equity rate would affect a consolidation? What are the differences between these two conventions?
Thank you,
Stay up to date on forum activity by subscribing. You can also customize your in-app and email Notification settings across all subscriptions.
#1
André Arnaud de Cal...
291,113
Super User 2024 Season 2
#2
Martin Dráb
229,918
Most Valuable Professional
#3
nmaenpaa
101,156
Share
Report
All responses (
Answers (