Foreign Transactions and Operations

Available Anytime
Location: Online
1Credits
Technical Business
Registration is Open
FICPA Members
$55.00 Regular Price
Nonmembers
$65.00 Regular Price
Product Code: AI23-FLP2_AFP_2
Level: Advanced
Vendor: AICPA CPE Division
Field of Study: Business Management & Organization

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


Prerequisite:

None