国际会计学第六版chapter_6课件.ppt

Choi/Meek, 6/e;国际会计三大难题;人民币汇率;Learning Objectives;Learning Objectives;Choi/Meek, 6/e;Choi/Meek, 6/e;Terminology （P127）;;Terminology;FC Transactions;Choi/Meek, 6/e;Two methods: （P128） Direct quote: the exchange rate specifies the number of domestic currency units needed to acquire a unit of foreign currency. Indirect quote: the exchange rate specifies the price of a unit of the domestic currency in terms of the foreign currency. ;Types of Transaction Rates;FC Transactions;Choi/Meek, 6/e; llustration: If spot Swiss francs are offered at $0.8318, while the six-month forward franc is offered at $0.8462, six-month Swiss francs are selling at a premium of 3.4% in the U.S. forward premium(discount)=(forward rate –spot rate)/spot rate × 12/n ($0.8462-$0.8318)/$0.8318×12/6=3.4% Indirect quote: forward premium(discount)=(spot rate-forward rate)/forward rate × 12/n ;Spot Foward exchange rate;Spot Foward exchange rate;努曼批竭钵纷侨壹咙暇凡荐谱添残效菲观茧炭息敷降金栅宫迟至性傈寡仍国际会计学第六版chapter_6课件国际会计学第六版chapter_6课件;Types of Translation Rates and their Statement Effects （P131）;Choi/Meek, 6/e;Choi/Meek, 6/e;Choi/Meek, 6/e;A foreign exchange gain or loss（汇兑损益） is recorded whenever the exchange rate changes between the original transaction date（初始交易日） and the settlement date（清算日）, or between the original transaction date and the financial statement date should financial statements be prepared prior to settlement. transaction date：The date at which a transaction (e.g. a sale or purchase of merchandise or services) is recorded in a reporting entity’s accounting records. settlement date：The date on which a payable is paid or a receivble is collected.;Choi/Meek, 6/e;折算损益: result from a restatement process.;折算损益: result from a restatement process.;折算损益: result from a restatement process.;Foreign Currency Transaction （P133） ;Spot transaction（外币交易）: occurs when an enterprise purchases or sells goods for which payment is made in a foreign currency, or when it borrows or lends foreign currency. At