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Foreign Exchange Boot Camp: #2 FX Accounting Basics

July 23 @ 10:00 am PDT - 11:00 am PDT

Free

This course will cover functional currency, transaction and translation accounting concepts under ASC 830.

The materials will cover how to account for foreign currency transactions and how to translate a foreign set of financial statements into the reporting currency.

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Course Description:

Participants will be prepared to:

  • Focus on the general requirements of ASC 830
  • Understand the accounting implications of USD and local currency subsidiaries.
  • Learn the difference between transaction and translation accounting treatment
  • Book and remeasure a foreign denominated transaction
  • Translate from a local currency to the USD reporting currency

Learning Objectives:

After completing this course, participants will be able to account for foreign denominated transactions and translate a foreign set of financial statements into USD.

Delivery Method: Group Internet-Based
Program Level: Basic
Prerequisites: Recommended: FX Basics Series #1: FX Markets
Advanced Preparation: None
CPE Credit: 1

For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.

Details

Date:
July 23
Time:
10:00 am PDT - 11:00 am PDT
Cost:
Free
Event Category: