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Section 1651 - Foreign Currency Translation

Section 1651 applies to the translation of:

  • Transactions of a reporting enterprise denominated in a foreign currency (foreign currency transactions); and
  • Financial statements of a foreign operation for incorporation in the financial statements of a reporting enterprise.

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BDO can help you navigate the road ahead

Applying financial reporting standards can be quite complex. The BDO team can help you assess your situation and prepare for the opportunities and challenges involved.

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