Foreign Currency Accounting

Foreign Currency Accounting
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Price: $19.99
Credits: 2
Prerequisite: Basic accounting
Level: Intermediate
Model: JS054
Author: Delta Publishing
Average Rating: Not Rated
Fields of study: Accounting
Format: PDF

This course discusses the process of translating financial statements from foreign currency into U.S. dollars. It also covers the accounting and reporting of foreign currency transactions. Forward contracts may be entered into for hedging or speculative purposes. A sale or liquidation of an investment in a foreign entity may occur. The tax impact related to foreign currency dealings is also presented. Footnote disclosures are necessary so readers can properly appraise a company's

exposure in overseas operations to variability in foreign exchange rates.



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Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants :
Any CPA looking to maintain or enhance their professional competence

Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
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