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标题: vicious Currency Translation question [打印本页]

作者: studyn    时间: 2013-4-5 23:02     标题: vicious Currency Translation question

Good luck.
1. Reconcile the Income Statement plug figure under the Temporal method. (take me through the steps)
2. Reconcile the CTA adjustment in Equity under the All-Current method. (again, gotta know the steps)
作者: spreads    时间: 2013-4-5 23:02

Good job, well done. That’s a fun one.
Personally, I think as long as you’ve got that and the hyperinflationary rules (GAAP uses Temporal, IFRS uses All Current and reindexes hard assets for inflation), then you’re all set on the currency translation side.
Thoughts?




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