Handbook: Foreign currency

Applicability

• Companies that have transactions denominated in a foreign currency
• Companies that have operations in a foreign currency environment

Currently effective requirements

This Handbook takes an in-depth look at the application of ASC 830, Foreign currency matters.

Report contents

• Overview of accounting for foreign currency 
• Functional currency
• Foreign currency transactions
• Translation of foreign currency financial statements 
• Foreign currency derivatives and hedging foreign currency risk 
• Presentation and disclosures

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