Monetary/non-monetary method: Difference between revisions
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imported>Doug Williamson (Classify page.) |
imported>Doug Williamson (Add links.) |
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== See also == | == See also == | ||
* [[Exchange rate]] | * [[Exchange rate]] | ||
*[[Foreign currency]] | |||
*[[IAS 21]] | |||
*[[Monetary]] | |||
*[[Monetary asset]] | |||
*[[Monetary liability]] | |||
*[[Non-monetary item]] | |||
*[[Translation]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
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.
