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Foreign currency translationThe process of restating foreign currency accounts of subsidiaries into the reporting currency of the parent company in order to prepare consolidated financial statements.
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Foreign currency translationDefinition Conversion of the accounting figures stated in one currency into another currency for financial reporting requirements. According to the U.S. GAAP regulations, the balance sheet items are c [..]
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Foreign currency translationRestating foreign currency in equivalent dollars; unrealized gains or losses are postponed and carried in Stockholder's Equity until the foreign operation is substantially liquidated.
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Foreign currency translationThe process of restating foreign currency accounts of subsidiaries into the reporting currency of the parent company in order to prepare consolidated financial statements.
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