Temporal v. Current Method assets, methods, getting, accounts

jcfa2011

I'm getting conflicting information. Are dividends translated at historic rate rates? I know that common stock is for both methods.

Also, are the main accounts that are considered "Monetary assets/liabilities" i.e. cash, acc. rec, inventor, acc. pay.?

Thanks!

ninja1024

Sweet thanks everyone!

random_walker47

AP + STD + LTD = monetary
AR + CASH + Liquid investment = monetary

everything else non-monetary.

lucasg85

Yeah Equity as a whole is mixed for Temporal and Current for current rate method.

bingbingliang

ya, Div under both method are translated at H rate.
monetary assets: cash, AR,
moneytary liability: long term debt, short term debt, AP

Inv is non monetary assets.



Edited 1 time(s). Last edit at Wednesday, June 1, 2011 at 03:53PM by passme.

tikfed

Also by Equity i mean (only) common stock.

if you include retained earnings in equity, then i think you'g get a hybrid rate as NI is part of RE and NI is different under current vs temporal.

RMontgomery

Dividends go at the current exchange rate for both methods. Equity goes as Historical rates (date when issued) for both.