Tag
IAS 21
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…
MYOB Multi-Currency Consolidation: How Groups with Foreign Subsidiaries Produce Accurate Group Accounts
July 9, 2026
The CFO of a Perth-based services group recently described their month-end process to us: three MYOB files, three currencies, and…
Multi-Entity Accounting Software: Getting CTA Right at Consolidation
May 24, 2026
Ask any group financial controller which part of the consolidated close they trust least, and the answer is usually the…
How to Calculate the Cumulative Translation Adjustment (CTA) in Group Consolidation
May 20, 2026
If you have ever prepared or reviewed a consolidated balance sheet and found yourself staring at a line in equity…