The currency translation is recorded on the corporate balance sheet as an equity account. Large banks include foreign adjusted currency translation as equity capital. Corporations must report any earnings from foreign subsidiaries in their translations, as well.
Investment dictionary. Academic. 2012.
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Foreign currency translation effects — Gains or losses resulting from the process of expressing amounts denominated or measured in one currency in terms of another currency by use of the exchange rate between the two currencies. This process is generally required to consolidate the… … Energy terms
Foreign currency translation — The process of restating foreign currency accounts of subsidiaries into the reporting currency of the parent company in order to prepare consolidated financial statements. The New York Times Financial Glossary … Financial and business terms
foreign currency translation — The process of restating foreign currency accounts of subsidiaries ( subsidiary) into the reporting currency of the parent company in order to prepare consolidated financial statements. Bloomberg Financial Dictionary … Financial and business terms
foreign currency translation — Fin the restatement of the foreign currency accounts of overseas subsidiaries and associated companies into the domestic currency of the country in which the group is incorporated, for the purpose of producing consolidated group accounts … The ultimate business dictionary
Конвертация иностранной валюты (FOREIGN CURRENCY TRANSLATION) — Процесс выражения в отчетной валюте предприятия тех сумм, которые выражаются или измеряются в другой валюте … Словарь терминов по управленческому учету
translation — trans‧la‧tion [trænsˈleɪʆn, trænz ] noun 1. [countable, uncountable] FINANCE the process of changing one currency into another: • Favorable foreign currency translations boosted profits. translation into • After translation into Swiss francs,… … Financial and business terms
translation — Fin see foreign currency translation … The ultimate business dictionary
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Translation — For other uses, see Translation (disambiguation). Translator redirects here. For other uses, see Translator (disambiguation). Contents 1 Etymology 2 Theory … Wikipedia
currency — noun 1 money used in a particular country ADJECTIVE ▪ domestic ▪ foreign ▪ They prefer to be paid in foreign currencies. ▪ common, global, international … Collocations dictionary