CPA Australia
HKAS 21 - Accounting for the effects of changes in foreign exchange rates
26Apr2019
Language
Cantonese
Company
CPA Australia
Time
18:30 - 21:30
Location
Wan Chai
Course Fee
450
CPD Hour
3
This workshop provides you a detailed overview of HKAS 21 The Effects of Changes in Foreign Exchange Rates. HKAS 21 provides guidance on the translation method and on determining the functional and presentation currencies. An entity is required to translate its results and financial position from its functional currency into a presentation currency (or currencies) using the method required for translating a foreign operation for inclusion in the reporting entity’s financial statements.
Learning Objectives:
• Discuss the concept of local currency, functional currency, and presentation currency
• Explain the accounting treatment of foreign currency transactions
• Identify the procedures for consolidating the financial statements of foreign subsidiaries
• Recognise the effects on foreign exchange on disposal of foreign operations
Speaker : Kamsuo Wong MA, LLM, MBA, FCPA(Aust.)
CPD Credit Hour : 3.00 Hours
Fee : CPA Australia Member: HK$450 | Non-member: HK$750
More Info : http://bit.ly/2U04haW
