Remeasurement: Difference between revisions
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imported>Doug Williamson (Classify page.) |
imported>Doug Williamson (Classify page.) |
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Latest revision as of 15:49, 22 October 2020
1. Financial reporting.
A reassessment of the value of an asset or liability already recorded in an entity's financial records.
2. Foreign currency accounting.
The retranslation of foreign currency denominated assets and liabilities to a reporting entitity's functional currency at a financial reporting period end date.