Consolidation

[narendrareddy]

Hai

can any one clarifie my dought.

I want my parent company in INR and My subsodary company in usd.
how to consolidate the twoo companies.

please tell process also

[abhgaur@gmail.com]

I think ,

Your Parent is in INR and Subsidary in USD . So to Consolidate

a) You need to Translate Subsidary USD to INR . This would ensure that the Parent & Child are in same currency i.e. the Parent currency.

b) Thereafter Eliminate Intercompany

c) Then calculate Minority Interest (If the subsidary is not 100% of parent)

d) Then aggregate

Thanks