Agreed that the balance sheet should be translated but it is the revaluation part I am asking. Can I take the difference being the exchange gain/loss into a separate reserve on the balance sheet rather straight to PL to avoid the huge exchange gain
My answers
Agreed that the balance sheet should be translated but it is the revaluation part I am asking. Can I take the difference being the exchange gain/loss into a separate reserve on the balance sheet rather straight to PL to avoid the huge exchange gain