Hi, can someone point me in the right direction, My company has moved several of the groups companies outside of the UK I now have TBs in GBP, USD, CHF, EUR and AUD. Our auditors produced consolidated accounts last year, but are suggesting we handle this in house this year coming. I get the basics such as bringing back the P&L @ average rate and balance sheet @ year end rate. There are certain nominals you wouldn't revalue such as share capital and retained earnings.
Can someone suggest any articles on this subject or any relevant courses avaliable to ensure I consolidate correctly.
thanks