国际会计准则第21号--外汇汇率变动的影响(国外英语资料).docVIP

国际会计准则第21号--外汇汇率变动的影响(国外英语资料) International Accounting Standards No. twenty-first impact of foreign exchange rate changes 1993-12-1 International Accounting Standards Board (revised December 1993) objective An enterprise can engage in external activities in two ways. It may have foreign currency denominated trading activities, or it may have foreign operations. In order for foreign currency transactions and foreign transactions to be reflected in the corporate financial statements, transactions must be expressed in the corporate reporting currency, and financial statements operating abroad must be translated into the reporting currency of the enterprise. In dealing with foreign exchange transactions and foreign transactions, the main problem is deciding what kind of exchange rate to use and how to confirm the impact of exchange rate changes in the financial statements. Range 1., this code applies to: (1) accounting for transactions denominated in foreign currencies; and (2) translation of foreign financial statements that have been included in the financial statements of enterprises through mergers, proportional consolidation or equity methods. 2. this standard does not involve accounting for foreign currency long-term investment projects, but the foreign entity net investment hedging of foreign currency liabilities caused by the exchange difference classification can be an exception. Other aspects of hedging accounting, including the use of hedging accounting standards, will be dealt with in the international accounting standards thirty-second financial instruments. 3. the code is instead of accounting for the effect of IAS twenty-first on changes in foreign exchange rates approved in 1983 4. the guidelines do not provide specific provisions for the currency used by the enterprises financial statements. However, an enterprise usually uses the currency of its country as its reporting currency. If the enterprise uses different currencies, the code requires disclosure