Meaning Foreign currency translation
What does Foreign currency translation mean? Here you find 4 meanings of the word Foreign currency translation. You can also add a definition of Foreign currency translation yourself

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Foreign currency translation


The process of restating foreign currency accounts of subsidiaries into the reporting currency of the parent company in order to prepare consolidated financial statements.
Source: nasdaq.com

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Foreign currency translation


Definition 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 [..]
Source: investorwords.com

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Foreign currency translation


Restating foreign currency in equivalent dollars; unrealized gains or losses are postponed and carried in Stockholder's Equity until the foreign operation is substantially liquidated.
Source: nysscpa.org

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Foreign currency translation


The process of restating foreign currency accounts of subsidiaries into the reporting currency of the parent company in order to prepare consolidated financial statements.
Source: people.duke.edu





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