translation of the balance sheet of the subsidiary into the currency of the parent

Re: translation of the balance sheet of the subsidiary into the currency of the parent

by ELISA BYIRINGIRO -
Number of replies: 0

The balance sheet of the branch operation can now be translated into a dollars reporting currency of parent company using the current ate methad  the foreign currency  translate is used to convert the result of a parent company s foreign subsidiaries to it's reporting currency  translation of financial statement