Home > Terms > English, UK (UE) > Foreign currency translation

Foreign currency translation

The process of restating foreign currency accounts of subsidiaries into equivalent currency (usually the reporting currency of the parent company), in order to prepare consolidated financial statements in the native currency of the parent company.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: People Category: Entrepreneurs

Shunee Yee

Shunee Yee is CEO and President of CSOFT International, Ltd., a localization and translation company based in Beijing, China. Ms. Yee has grown the ...

Contributor

Featured blossaries

10 Countries That Dont Officially Exist

Category: Geography   1 10 Terms

Online Search

Category: Technology   1 1 Terms

Browers Terms By Category