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    Translation adjustment

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    What is a translation adjustment? How is it computed? Where should it be reported in a set of consolidated financial statements? How might it differ in different companies and in different industries? Provide examples

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    http://www.journalofaccountancy.com/Issues/2008/Jul/CurrencyTranslationAdjustments.htm

    What is a translation adjustment, How is it computed and Where should it be reported in a set of consolidated financial statements? How might it differ in different companies and in different industries? Provide examples

    The cumulative translation adjustment represents the entry that is made in the comprehensive section when a company utilizes a translated balance sheet, which summarizes any gains/losses that have been incurred by the ...

    Solution Summary

    The expert computes translation adjustment. Where it should be reported in a set of consolidated financial statements is examined. How it might differ in different companies and in different industries are examined.

    $2.19