Foreign Transactions and Operations
Provider: AICPA
Length: 50 minutes
Business Management and Organization
1 CPE Credits
Advanced
QAS self study
Effect of changes in foreign exchange rates
Learn to identify the appropriate currency in which to present the financial statements and how an entity accounts for transactions that arise in a currency other than its own.
Acquire new skills to demonstrate your proficiency
- Foreign currency transactions
- Financial statement presentation
- Translating foreign operations from functional currency to presentation currency
Gain practical experience
Use genuine examples that are designed to give you real-world knowledge on how to handle exchange rate differences to translate financial statements from its functional currency to the presentation currency.
Learn to identify the appropriate currency in which to present the financial statements and how an entity accounts for transactions that arise in a currency other than its own.
Acquire new skills to demonstrate your proficiency
- Foreign currency transactions
- Financial statement presentation
- Translating foreign operations from functional currency to presentation currency
Gain practical experience
Use genuine examples that are designed to give you real-world knowledge on how to handle exchange rate differences to translate financial statements from its functional currency to the presentation currency.