Foreign Exchange

KPMG Executive Education

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KPMG Executive Education

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Finance is an integral and most important component of any business, so everyone needs to improve their competence in this area. Finance courses will ...

About the course

This course provides guidance on the general principles of accounting for foreign currency matters in accordance with ASC 830, including how to determine an entity’s functional currency, account for foreign currency transactions, and translate financial statements into the functional currency of the parent.

By the end of this course, participants should be able to:

  • identify foreign currencies and which currency is more valuable from an exchange rate
  • compute the foreign exchange gains and losses given changes in exchange rates
  • apply the functional currency concept based on the entity’s primary economic environment
  • recall the measurement requirements and accounting for foreign currency transactions
  • recall the accounting requirements for translation of financial statements.

Foreign Exchange at KPMG Executive Education

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

Read more about Finance

During Finance courses, you will get acquainted with a huge number of financial analyst tools and learn how to work with them. So, you will learn how to make and analyze financial reporting, calculate the main financial indicators of the company and ...

Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.

We are happy to help you find a suitable online alternative.