Monetary/non-monetary method: Difference between revisions
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imported>Doug Williamson m (Spacing 22/8/13) |
imported>Doug Williamson (Classify page.) |
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== See also == | == See also == | ||
* [[Exchange rate]] | * [[Exchange rate]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
Revision as of 18:13, 1 July 2022
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.
