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!

RMontgomery

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

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.

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.

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.

ninja1024

Sweet thanks everyone!