Join us for an insightful session where we will delve into the essentials of consolidation focusing on the intricacies of the Foreign Currency Translation and its impact. Our experts will also provide valuable insights into the latest technological advancements that can simplify complex consolidation tasks and ensure compliance with regulatory requirements.
This webinar will shed light on the critical considerations and best practices for managing FCTR in your financial statements, ensuring accuracy and reliability.
Agenda
- Basics of consolidation
- What is Foreign Currency Translation Reserve (FCTR)
- FCTR considerations in cash flow statements
- FCTR considerations on intercompany balances in cash flow statements
- Role of technology in consolidation
- Live demo of consolidation using automation tool