This document explains the translation process of Bunnings (NZ) Ltd in the consolidated financial statements of Wesfarmers Limited. It covers the basis of preparation of financial statements, the translation process of functional currency to the presentation currency, and provides references for further reading.

MAA725 – Advanced Accounting Principles and Practice Trimester T1, 2019 Assessment 2

This assignment requires a discussion on the functional currency and presentation currency of Wesfarmers Limited and its Australian subsidiaries, with a focus on Bunnings (NZ) Ltd and its functional currency being the New Zealand dollar (NZD).

This document provides an overview of the translation process of Bunnings (NZ) Ltd in the Consolidated Financial Statements of Wesfarmers Limited.

Bunnings (NZ) Ltd's Translation Process in

Translation Process of Bunnings (NZ) Ltd in the Consolidated Financial Statements of Wesfarmers Limited

accounting

Determining the functional currency of the foreign subsidiaries with discussion on relevant AASB sections: AUD Thailand Value 1 26.03 0.03841721 USD Thailand Value 1 33.19 0.03012956 USD AUD Value 1 1.27 0.78740157 AUD 0.03826454 Difference 0.00015267 AUD Vietnam Value 1 17825.46 0.00005610 USD Vietnam Value 1 22722.11 0.00004401 USD AUD Value 1 1.27 0.78740157 AUD 0.00005589 Difference 0.00000021 From the overall evaluation of the

Southwestern University PHINMA

Determining the functional currency of the foreign subsidiaries of BULL LIMITED

This presentation discusses the technical aspects of consolidation and accounting of foreign subsidiaries in OZ Minerals Limited. It covers the factors causing differences in intra-group transactions, such as difference in reporting periods, sales considered as fixed assets, and profit margin on sales. It also explains the treatment of foreign subsidiaries' financial statements, including the translation of foreign currency financial statements into the holding company currency and the dealing with any difference in exchange rates in accordance with IAS 21.

Hartpury University and Hartpury College

Consolidation and Accounting of Foreign Subsidiaries in OZ Minerals Limited

ADVANCED FINANCIAL ACCOUNTING 9 ADVANCED FINANCIAL ACCOUNTING Contents Introduction: 3 Accounting concepts: 3 New Accounting standard: 4 Summary of key disclosures: 6 Conclusion: 7 References 8 Introduction: The company undertaken for review us Woodside Petroleum Company which exists for the purposes of earning profits and is limited by shares. Accounting concepts: The financial statements of the company are the general purpose financial statements that have been prepared as per the requirements as have been laid down under the Corporations Act, 2001.

Finance

ADVANCED FINANCIAL ACCOUNTING 9 ADVANCED FINANCIAL ACCOUNTING

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This document discusses the translation of foreign exchange gain and loss of Trust Bank Limited in Bangladesh. It explains the concept of consolidated financial statements and the impact of foreign currency transactions on the bank's financials. The document also covers the treatment of foreign currency in cash, foreign currency translation reserve, and the consolidation of financial statements of foreign operations.

Foreign Currency Transaction

psicologia

This presentation provides a comprehensive overview and financial analysis of JB Hi-Fi Limited. It covers the composition of the group, audit committee, funding, policies, non-controlling interest, acquisition impairment, foreign currency transactions, and suggestions for the company. The presentation also includes references for further reading.

Translation Process of Bunnings (NZ) Ltd in the Consolidated Financial Statements of Wesfarmers Limited

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Determining the functional currency of the foreign subsidiaries of BULL LIMITED

Consolidation and Accounting of Foreign Subsidiaries in OZ Minerals Limited

ADVANCED FINANCIAL ACCOUNTING 9 ADVANCED FINANCIAL ACCOUNTING

Foreign Currency Transaction

JB Hi-Fi Limited: Company Overview and Financial Analysis

Assignment On Ultrasonic Probe Reprocessing Guidelines

Translation Process of Bunnings (NZ) Ltd in the Consolidated Financial Statements of Wesfarmers Limited

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Determining the functional currency of the foreign subsidiaries of BULL LIMITEDlg...

Consolidation and Accounting of Foreign Subsidiaries in OZ Minerals Limitedlg...

ADVANCED FINANCIAL ACCOUNTING 9 ADVANCED FINANCIAL ACCOUNTINGlg...

Foreign Currency Transactionlg...

JB Hi-Fi Limited: Company Overview and Financial Analysislg...

Assignment On Ultrasonic Probe Reprocessing Guidelineslg...

Determining the functional currency of the foreign subsidiaries of BULL LIMITED

Consolidation and Accounting of Foreign Subsidiaries in OZ Minerals Limited

ADVANCED FINANCIAL ACCOUNTING 9 ADVANCED FINANCIAL ACCOUNTING

Foreign Currency Transaction

JB Hi-Fi Limited: Company Overview and Financial Analysis

Assignment On Ultrasonic Probe Reprocessing Guidelines