Foreign currency translation
From ACT Wiki
Foreign currency - financial reporting.
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 difference
- Exchange rate
- Financial reporting
- Foreign exchange
- Foreign operation
- IAS 21
- Monetary items
- Recognition
- Translate
- Translation
- Translation risk
