Foreign Transactions and Operations
Overview:
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 CGMAr Finance Leadership Program.
Objectives:
Learning Outcomes
- Assess the accounting for transactions in a foreign currency and the translation of foreign operations included in group financial statements.
Major Topics:
Key Topics
- Foreign currency transactions and foreign operation
Designed For:
Who Will Benefit
- Global accounting and finance professionals
- Management accounting professionals
- Controllers
- CFOs
- Finance vice presidents
- Finance directors
- CPAs and CAs