100% authentic writing

Follow us on:

chat off
Toll Free:
get your paper now
Get a free quote
Order your paper
Customer login
most popular order
with one order you receive 5 in 1
Buying an Essay
Custom research paper
Essays for sale
Purchase term paper
Research Paper Ideas
Using Writing Service
Writing an Essay
Writing Papers Guide
Writing Research Paper
Writing Term Paper
Useful Tips Concerning an Opinion Survey Essay
How to Choose a Topic for a Sociology Research Proposal
What is the American Dream?
Article Critique
Cause and Effect Essay


← Women CEOs of Fortune 500 CompaniesEMTNs and MNEs →
Live Chat

Custom UNK essay paper sample

Buy custom UNK essay paper cheap

Translation of foreign subsidiary financial statements has become a necessary part of business particularly to those which operate at the international levels.. By using foreign currency translation, multinational companies can have consolidated financial statement for their business operation at home and abroad (Ramirez, 2007). There are two methods for translation foreign currency. These are:

a) Current rate

In this method, all the liabilities and assets of a business firm is translated using the current exchange rate. This process of translation does allow the use of the rate in operation rate at the time in which translation done is not used. Current rate method allows items located in the equity section to be are usually translated into historical rates. Stockholder's equity is also translated using historical rate of exchange. Often, revenue as well as other expenses is translated with the help of historical rates (Conklin, 2007). The major advantage of this method lies in the way gain or losses are handled. Here, any gain of loss is reflected in a reserve account and not in the income state. These method best fit an organization whose operations are self-sustaining.

b) Temporal method

This method applies a single exchange rate for the translation of all assets and liabilities. However, this method utilized both the historical rate as well as the current rate in translating assets and liabilities. During the process of translation, items in the balanced-sheet are often translated with focus being placed on how they are reflected in the books of the organization. For this reason, some items are valued at fair market while other are carried as historical purchase (Conklin, 2007). The main advantage of this method is its ability to detect whether a value is temporary or not and adjust to it accordingly. This method best suits a case where individual transactions are dealt with.

Buy custom UNK essay paper cheap

Order Now

Related essays

  1. EMTNs and MNEs
  2. Culture and Global Business
  3. Women CEOs of Fortune 500 Companies
  4. TQM Programs
why we are
10+ years experience on
custom writing market
Satisfied returning customers
A wide range of services
3-hour delivery available
100% privacy guaranteed
Professional team of experienced paper writers
Only custom-written papers
Free revision within 2 days
Constant access to your paper writer
Free cover and reference page
essays stat
3 chat / phone operators online at the moment
848 writers active
18454 writers in the database
3 new writers passed exam this week
12506 pages written
3910045 words written
8.5 out of 10 current average quality score
Satisfied customers: 97%
discountscustomer support via live chat, email, phone
I have truly benefited from your writing services and the discount offered by your company :) Kindly send my best regards to the writer. Greetings to the PRIMEWRITINGS team and the best of luck to you all. The results were beyond my expectations. Your service is definitely worth paying for. Cheers.
Moses D., London, UK.
What's up, guys! Great portion of work, man! Really grateful for your help on Japanese Style Management research. I got the material just in time and just what I needed.
Gwen R., NY, USA.
Though I was not totally pleased with my essay first it was great to see that you have made prompt revisions just the way I wanted. Keep up the good work and I will surely use your services in future.
Pamela, CA, USA
Type of assignment:
Writer level:
Cost per page: ...
Number of pages:
Total without discount: $12.99

15% off your first custom essay order. Order now

from $12.99/PAGE