Webinar: Accounting for Foreign Currencies Under IFRS, July 10
Join us for this free course on July 10, 2014 Register at http://www.mhmcpa.com Please join us for this webinar in which our IFRS experts will talk about issues surrounding International Accounting Standard (IAS) 21: The Effects of Changes in Foreign Exchange Rates, a standard developed by the IASB to prescribe the accounting effects on a company that operates in more than one currency and reporting requirements when the operational currency of a subsidiary is different relative to that of the parent company. We will review topics that are unique to accounting for foreign currencies under IFRS, including the determination of the functional currency, calculation of gain or loss related to changes in foreign exchange rates, and the translation of a foreign entity’s financial statements to the functional currency of the parent company for use in consolidated financial statements.
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Webinar: Accounting for Foreign Currencies Under IFRS, July 10
- 1. Please join us for this webinar in which our IFRS experts will talk about issues surrounding International Accounting Standard (IAS) 21: The Effects of Changes in Foreign Exchange Rates, a standard developed by the IASB to prescribe the accounting effects on a company that operates in more than one currency and reporting requirements when the operational currency of a subsidiary is different relative to that of the parent company. We will review topics that are unique to accounting for foreign currencies under IFRS, including the determination of the functional currency, calculation of gain or loss related to changes in foreign exchange rates, and the translation of a foreign entity’s financial statements to the functional currency of the parent company for use in consolidated financial statements. Learning Objectives During this course, we will discuss: • How IAS 21 affects companies operating in more than one currency • How to determine the functional currency • How to calculate gain or loss due to changes in exchange rates • Differences in accounting with U.S. GAAP Register for this free course online at www.mhmcpa.com. CBIZ & MHM Executive Education Series™CBIZ & MHM Executive Education Series™ Accounting for Foreign Currencies Under IFRS 2014 Series • Course 19 © Copyright 2014. CBIZ & Mayer Hoffman McCann P.C. All rights reserved. Thursday July 10, 2014 11 a.m.–12 p.m. Central Time Eligible for 1 CPE credit Questions or more information? Marco Pulido | 310.268.2746 | mpulido@cbiz.com