Foreign currency translation effects
- Foreign currency translation effects
Gains or losses resulting from the process of expressing amounts denominated or measured in one currency in terms of another currency by use of the exchange rate between the two currencies. This process is generally required to consolidate the financial statements of foreign affiliates into the total company financial statements and to recognize the conversion of foreign currency or the settlement of a receivable or payable denominated in foreign currency at a rate different from that at which the item is recorded. Translation adjustments are not included in determining net income, but are disclosed as separate components of consolidated equity.
U.S. Dept. of Energy, Energy Information Administration's Energy Glossary
Energy terms .
2014.
Look at other dictionaries:
Translation — For other uses, see Translation (disambiguation). Translator redirects here. For other uses, see Translator (disambiguation). Contents 1 Etymology 2 Theory … Wikipedia
English as a foreign or second language — ESL redirects here. For other uses, see ESL (disambiguation). An immigrant makes an American breakfast, aided by instructional materials from the YMCA, 1918. English as a second language (ESL), English for speakers of other languages (ESOL) and… … Wikipedia
Operating expenses — Segment expenses related both to revenue from sales to unaffiliated customers and revenue from intersegment sales or transfers, excluding loss on disposition of property, plant, and equipment; interest expenses and financial charges; foreign… … Energy terms
Operating revenues — Segment revenues both from sales to unaffiliated customers (i.e., revenue from customers outside the enterprise as reported in the company s consolidated income statement) and from intersegment sales or transfers, if any, of product and… … Energy terms
temporal method — A method of converting a foreign currency involved in a transaction in which the local currency is translated at the exchange rate in operation on the date on which the transaction occurred. If rates do not fluctuate significantly, an average for … Accounting dictionary
temporal method — A method of converting a foreign currency involved in a transaction in which the local currency is translated at the exchange rate in operation on the date on which the transaction occurred. If rates do not fluctuate significantly, an average for … Big dictionary of business and management
П — Пааше индекс [Paasche price index] Пагамент (Payment in cash) Пай (share, stock, stake) Пакет акций (interest, stock ) Пакетный множитель (blockage factor) … Экономико-математический словарь
Comprehensive income — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material … Universalium
China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast … Universalium
