标题: translation method in a hyperinflationary economy [打印本页] 作者: lunarfollies 时间: 2011-7-11 19:53 标题: translation method in a hyperinflationary economy
Which translation method should be used under a hyperinflationary economy?
A) Temporal, because all non-monetary accounts are re-measured at the historical rate.
B) All-current, because dividends are translated at the rate that applied when they were issued.
C) Monetary/non-monetary, because all monetary accounts are translated at the historical rate.作者: economicz 时间: 2011-7-11 19:53
Under US GAAP or IFRS? If GAAP, then A; if IFRS, well that answer isn't here, you'd restate fins for inflation and then translate under the current method.
