Foreign Transactions and Operations
Understand accounting for transactions in a foreign currency and the translation of foreign operations included in group financial statements.
NASBA Field of Study
Business Management and Organization
Authored by an extensive network of global SMEs in connection with AICPA and CIMA staff.
Effect of changes in foreign exchange rates
Learn to identify the appropriate currency in which to present the financial statements and how an entity accounts for transactions that arise in a currency other than its own.
Acquire new skills to demonstrate your proficiency
- Foreign currency transactions
- Financial statement presentation
- Translating foreign operations from functional currency to presentation currency
Gain practical experience
Use genuine examples that are designed to give you real-world knowledge on how to handle exchange rate differences to translate financial statements from its functional currency to the presentation currency.
This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.
- Global accounting and finance professionals
- Management accounting professionals
- Finance vice presidents
- Finance directors
- CPAs and CAs
- Foreign currency transactions and foreign operation
- Assess the accounting for transactions in a foreign currency and the translation of foreign operations included in group financial statements.
Group ordering for your team
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