国际管帐绳尺---汇率更改的影响(国外英语资料).doc

国际会计准则---汇率变动的影响(国外英语资料) International accounting standards the impact of exchange rate changes International Accounting Standards No. twenty-first, revision 200X Purpose The entitys foreign currency activity may be made in two ways. It may be traded in foreign currency or owned abroad. In addition, entities may report their financial statements in foreign currencies. The guidelines provide for the definition of how foreign currency transactions and foreign transactions are reflected in the entitys financial statements and how to translate the financial statements into presentation currencies. The main question is what kind of currency or currency to use and how to report the effect of exchange ra