The recent rise in the U.S. dollar against most major currencies has put a damper on the results recently reported by U.S. companies operating overseas. As result, there is a renewed emphasis by accountants and regulators to ensure that these companies are properly accounting for their foreign currency transactions and translations in accordance with ASC Topic 830 Foreign Currency Matters.
These slides, prepared by GAAP Dynamics, will take you through the accounting for foreign currency matters under ASC Topic 830, including:
The rising dollar has brought renewed focus to the accounting for foreign currency transactions by regulators and accountants. Find out now by filling out the form to download the sample training materials!
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