Tag
fctr
Recycling the CTA on Disposal of a Foreign Subsidiary: What Happens to the FCTR When You Sell
August 6, 2026
The finance director had been preparing the sale of the Singapore subsidiary for six months. She knew the headline figures:…
NCI and Currency Translation Adjustments: How to Split the CTA in Partly-Owned Foreign Subsidiaries
August 4, 2026
Most finance teams understand the mechanics of currency translation well enough: income statement items are translated at the average rate…
Xero Multi-Currency Consolidation: How Groups with Foreign Subsidiaries Produce Accurate Group Accounts
July 29, 2026
Mark is CFO of a professional services group based in the UK. The parent company runs on Xero. Two years…