'Functional currency' diaporamas de présentation

Chapter 09

Chapter 09. Multinational Accounting: Issues in Financial Reporting and Translation of Foreign Entity Statements. Learning Objective 1. Understand and explain differences between U.S. GAAP and international financial reporting standards (IFRS) and the expected timeline to global convergence.

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ExxonMobil PRESENTED BY PHIL H. LATIMIER, Ph.D.

ExxonMobil PRESENTED BY PHIL H. LATIMIER, Ph.D. SHAREHOLDER VALUE & CORPORATE GOVERNANCE. FINAL PROJECT. History of the Company. John D. Rockefeller. 1882 Standard Oil Trust Acquirement of Petroleum Interests 90% of control - Monopoly . 1911.

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International Finance

International Finance. Lecture 8. International Finance. Course topics Foundations of International Financial Management World Financial Markets and Institutions Foreign Exchange Exposure Financial Management for a Multinational Firm. Foreign Exchange Exposure. Economic Exposure

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BA606 FINANCIAL ACCOUNTING

BA606 FINANCIAL ACCOUNTING. Professor Garry Carnegie Lectures 17 & 18. Lectures 17 & 18: Foreign currency translation. Introduction Unit of measurement Currency translation Foreign currency translation Accounting standards Hedging of transactions. Introduction.

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Chapter Objective:

Management of Translation Exposure. 10 . Chapter Ten. Chapter Objective: This chapter discusses the impact that unanticipated changes in exchange rates may have on the consolidated financial statements of the multinational company. 10- 0. Chapter Outline. Translation Methods

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TaiRox Products and Customizations

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What do We Learn from Tax-Related Financial Disclosures?

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CHAPTER 16

CHAPTER 16 TRANSLATING FOREIGN STATEMENTS: THE TEMPORAL METHOD & THE FUNCTIONAL CURRENCY CONCEPT FOCUS OF CHAPTER 16 The Temporal Method of Translation The Objectives of Translation under FAS 52 The Functional Currency Concept U.S. Taxation of Foreign Subsidiary Earnings

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CHAPTER 16

CHAPTER 16. TRANSLATING FOREIGN STATEMENTS: THE TEMPORAL METHOD & THE FUNCTIONAL CURRENCY CONCEPT. FOCUS OF CHAPTER 16. The Temporal Method of Translation The Objectives of Translation under FAS 52 The Functional Currency Concept U.S. Taxation of Foreign Subsidiary Earnings.

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IAS 21 - Foreign currency

IAS 21 - Foreign currency. Executive summary. IFRS and US GAAP are quite similar in their approach to foreign currency translation.

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Chapter 11

Chapter 11. Translation of Foreign Financial Statements. Foreign currency translation. The process of expressing amounts denominated or measured in foreign currencies into amounts measured in the reporting currencies of the domestic entity Relationships suggesting the need for translation

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Implementation and Applications of IFRS on Currencies

Implementation and Applications of IFRS on Currencies. Vienna, March 14, 2006 By Thierry Bertrand, Partner, E&Y Olivier Lemaire, Partner, E&Y Renaud Breyer, Manager, E&Y. Agenda. Foreign exchange Functional currencies

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Foreign Exchange Risk Management

Foreign Exchange Risk Management. Foreign Exchange Risks. Transaction Risk Translation Risk Economic Risk. Transaction Risk. The risk of changes in the expected value of a contract between its signing and its execution as a result of unexpected changes in foreign exchange rates.

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Translation of Foreign Financial Statements

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Foreign exchange transactions IAS21

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Oracle General Ledger

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Translation Exposure

Translation Exposure. Chapter Ten Eitman, Stonehill, and Moffett. Translation exposure. foreign currency financial statements different line items translated at different exchange rates term of different assets & liabilities translated at historical rates current rates.

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Proposed Future for the ECB, CAM, & QVR

Proposed Future for the ECB, CAM, & QVR. Electronic Council Book (ECB) Council Administration Module (CAM) Query/View/Report (QVR). eRA Project Team July 23, 2002. Characteristics Common to ECB, CAM, and QVR. Written in Cold Fusion Web interface Minimal effort to transition to J2EE

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LEASES

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Chapter Ten

Chapter Ten. Translation of Foreign Currency Financial Statements. U.S. Dollar Perspective. functional currency is the U.S. dollar remeasure foreign currency balances temporal method of translation most assets at historical rates cash, receiv & payables at current rates

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