Foreign Currency Matters

Companies with international operations must address a number of financial reporting issues.  We assist multi-national companies with services such as:

  • Determination of functional currency
  • Best practices for foreign currency remeasurement and translation
  • Presentation of foreign currency transactions, including statement of cash flows
  • Income taxes
  • System improvements for the access and utilization of exchange rates
  • Valuations of foreign currency derivatives
  • Hedging activities