Translation
From ACT Wiki
Foreign exchange.
Abbreviation for foreign currency translation.
The statement - or restatement - of a given number of units of one currency into another currency using an appropriate exchange rate.
See also
- Convert
- Cumulative exchange differences
- Currency
- Exchange
- Exchange difference
- Exchange rate
- Financial reporting
- Foreign currency
- Foreign exchange
- IAS 21
- Transaction
- Transformation
- Transition
- Translate
- Translation risk
