Recommending a Currency Basket System for Emerging East Asia This chapter examines exchange rate arrangements in East Asia's emerging market economies since the 1990s and proposes a more desirable regime for the region in the immediate future. It focuses on the role of the US dollar, the Japanese...
The State of the Art in Assessing Foreign Currency Operations Foreign exchange translationsFinancial statementsThe rapid development of multinational companies (MNCs) has resulted in the need for accounting systems which ... Demirag,S I. - 《Managerial Finance》 被引量: 11发表: 1992年 The valuation...
Interest in accounting for foreign currency translation seems to have varied directly with the instability of exchange. Of particular note is the interest created by the unsettling economic effects of the First World War, Second World War and the Vietnam War. The standard setting bodies of the ...
2) foreign currency transactions 外币交易 1. On the basis of analyzing the forward market hedge method of avoiding the foreign exchange risk and consulting the international accounting usual practice, the author concretely discusses and summarizes the accounting handling methods of the foreign currency...
Accounting for Forward Rates in Markets for Foreign Currency Forward and spot exchange rates between major currencies imply large standard deviations of both predictable returns from currency speculation and of the e... DK Backus,GCI Telmer - 《Journal of Finance》 被引量: 643发表: 1993年 In ...
Currency translation allows a company with foreign operations to reconcile all of its financial statements in terms of its local currency. The exchange rate at the end of the reported period is used for assets and liabilities. The income statement uses the exchange rate on the date that income ...
61、nvertility 货币的可兑换性 currency deflation 通货紧缩 currency exchange 货币币种互换 bank n. 银行 i keep my money in a savings bank. vt. 存(款)于银行 i used to bank half my salary before i married. vi. 存款于银行,(和.银行)往來 (+at/with) my corporation banks with the citicorp...
Since exchange rates are constantly fluctuating, it can cause difficulty while accounting for foreign currency translations. Instead of simply using the current exchange rate, businesses may look at different rates either for a specific period or specific date. ...
In the Calculation method field, select a method to calculate currency exchange differences, from the following options: Standard –The exchange adjustment is calculated as the difference between the invoice value on the day the invoice is posted and the day the invoice pay...
For example, the average exchange rate for a week or a month may be used in all foreign currency transactions arising in the current period. However, if the exchange rate fluctuations, the average exchange rate that is used for a period of time is not reliable. After the balance sheet ...