Monetary/non-monetary method: Difference between revisions
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imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Mend link.) |
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*[[Monetary asset]] | *[[Monetary asset]] | ||
*[[Monetary liability]] | *[[Monetary liability]] | ||
*[[Non-monetary | *[[Non-monetary items]] | ||
*[[Translation]] | *[[Translation]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 00:29, 12 March 2023
A foreign currency translation method.
Non-monetary assets and liabilities are translated at their historical exchange rates, while monetary items are translated at current exchange rates.
