Purchase Course

Accounting for Foreign Operations (Virtual)   

8

Estimated CPE
Tuition
$1,095.00
Approximate Length
08:00:00
Course Number
20-VC-297-EE
Course Leader
Dan Gode
8

Estimated CPE
Tuition
$1,095.00
Approximate Length
08:00:00
Course Number
20-VC-297-EE
Course Leaders
Dan Gode
Course Leader
Dan Gode

Course Details

This live virtual seminar provides in-depth coverage of accounting for foreign currency transactions, remeasurements, and translations per FASB ASC 830. Each day’s agenda features individual modules (each less than an hour) as well as breaks.

Although the standard is not new, it continues to present conceptual and practical challenges. Therefore, the seminar goes beyond a mere description of the technical requirements by explaining the underlying concepts and their rationale via practical hands-on spreadsheets that participants use in the seminar. The elimination of tedious computations frees up time to discuss practical implementation issues and how the standard affects interpretation of financial statements by users. 

This virtual seminar will have 4 parts. The seminar will run from approximately 3:30 PM EST to 5:30 PM EST daily.

By attending all 4 training days you will be eligible to earn up to 8 CPE credits. This virtual seminar is an equivalent to our Accounting for Foreign Operations in-person seminar.

 

Course Agenda

  • An overview of the concepts underlying the five-step process used to account for foreign currency transactions, remeasurements, and translations
  • Determining the functional currency
  • Translations under the current rate method
  • Remeasurements under the temporal method
  • Foreign currency transactions
  • Intercompany transactions and consolidations
  • Statement of cash flows and foreign operations

Course Leader

Dan Gode, Co-founder, Almaris Consulting and Training

Keywords: ASC Topic 830, FAS 52, Foreign Currency Transactions, Foreign Currency Remeasurements, Foreign Currency Translations, Current Rate Method, Temporal Method, Intercompany Transactions and Consolidations, Cash Flows for Foreign Operations, Accounting

Other Details

Special Notice/Instruction: NASBA Delivery Method: Group Internet Based
Prerequisite:
  • Basic knowledge of U.S. GAAP.
  • A laptop with Excel 2010 or above (to build models).
  • Excel 365 is used in the seminar. A working knowledge of Excel is required (advanced knowledge of Excel, such as macros, is not needed).
Preparation: None
Level of Knowledge: Intermediate
Field of Study: Accounting
Delivery Method: Virtual Instructor Led Training

This live virtual seminar provides in-depth coverage of accounting for foreign currency transactions, remeasurements, and translations per FASB ASC 830. Each day’s agenda features individual modules (each less than an hour) as well as breaks.

Although the standard is not new, it continues to present conceptual and practical challenges. Therefore, the seminar goes beyond a mere description of the technical requirements by explaining the underlying concepts and their rationale via practical hands-on spreadsheets that participants use in the seminar. The elimination of tedious computations frees up time to discuss practical implementation issues and how the standard affects interpretation of financial statements by users. 

This virtual seminar will have 4 parts. The seminar will run from approximately 3:30 PM EST to 5:30 PM EST daily.

By attending all 4 training days you will be eligible to earn up to 8 CPE credits. This virtual seminar is an equivalent to our Accounting for Foreign Operations in-person seminar.

 

Course Agenda

  • An overview of the concepts underlying the five-step process used to account for foreign currency transactions, remeasurements, and translations
  • Determining the functional currency
  • Translations under the current rate method
  • Remeasurements under the temporal method
  • Foreign currency transactions
  • Intercompany transactions and consolidations
  • Statement of cash flows and foreign operations

Course Leader

Dan Gode, Co-founder, Almaris Consulting and Training

Keywords: ASC Topic 830, FAS 52, Foreign Currency Transactions, Foreign Currency Remeasurements, Foreign Currency Translations, Current Rate Method, Temporal Method, Intercompany Transactions and Consolidations, Cash Flows for Foreign Operations, Accounting

Special Notice/Instruction: NASBA Delivery Method: Group Internet Based
Prerequisite:
  • Basic knowledge of U.S. GAAP.
  • A laptop with Excel 2010 or above (to build models).
  • Excel 365 is used in the seminar. A working knowledge of Excel is required (advanced knowledge of Excel, such as macros, is not needed).
Preparation: None
Level of Knowledge: Intermediate
Field of Study: Accounting
Delivery Method: Virtual Instructor Led Training