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imported>Doug Williamson |
imported>Doug Williamson |
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| ''Accounting for the effects of changes in foreign exchange rates.''
| | #Payment. |
| | | #A generic term for a payment or a receipt. |
| Monetary items include cash, loans, debtors, creditors and similar assets and liabilities.
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| Under IAS 21, monetary items are translated at the foreign exchange rate which applies on the balance sheet reporting date (the 'closing rate').
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| == See also == | | == See also == |
| * [[Exchange difference]] | | * [[Payment]] |
| * [[Foreign exchange]] | | * [[Receipt]] |
| * [[IAS 21]] | | * [[Remittance factory]] |
| * [[Monetary]]
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| * [[Non-monetary items]]
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| * [[Translation risk]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Risk_reporting]]
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| [[Category:Cash_management]]
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| [[Category:Financial_products_and_markets]]
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Revision as of 10:04, 30 May 2015
- Payment.
- A generic term for a payment or a receipt.
See also
