第四章1 证券与金融衍生品投资

《第四章1 证券与金融衍生品投资》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、Choi/Meek,6/e1InternationalAccounting,6/eFrederickD.S.ChoiGaryK.MeekChapter6:ForeignCurrencyTranslation国际会计三大难题合并财务报表ConsolidatedFinancialStatements外币折算Foreigncurrencytranslation通货膨胀会计Inflationaccounting人民币汇率LearningObjectivesWhydofirmstranslatefromonecurrencytoanother?W

2、hatisthedifferencebetweenaspot,forward,andswaptransaction(即期、远期和掉期交易)?Whatexchangeratesareusedinthecurrencytranslationprocessandwhataretheirfinancialstatementeffects?Howdoesatranslationgainorlossdifferfromatransactionsgainorloss?LearningObjectivesIstheremorethanonewayoft

3、ranslatingfinancialstatementsfromonecurrencytoanother?Ifso,whatarethey?Howdoesthetemporalmethodofcurrencytranslationdifferfromthecurrentratemethod?Whatistherelationshipbetweencurrencytranslationandinflation?Choi/Meek,6/e6WhydoFirmsTranslate?（P127）Facilitatesthepreparatio

4、nofconsolidatedfinancialstatementsthatallowreaderstoseetheperformanceofamultinationalcompany’stotaloperationsbothdomesticandforeign.Facilitatesthemeasurementofafirm’sexposuretoforeignexchangerisk.Choi/Meek,6/e7Facilitatestherecordingofforeigncurrencytransactions;i.e.,for

5、eigncurrencysales,purchases,borrowingorlendingintheconsolidatedentity’sreportingcurrency.Facilitatesreportingdomesticaccountstoforeignaudiences-of-interest.Terminology（P127）Translation/折算Foreigncurrencytranslationistheprocessofrestatingaforeignaccountbalancefromonecurren

6、cytoanother.Conversion转换Foreigncurrencyconversionistheprocessofphysicallyexchangingonecurrencyforanother.ActofexchangingonetypeofmoneyorsecurityforanotherItissimplyachangeinmonetaryexpression.ConversionTranslation6.2BANKGROUNDANDTERMINOLOGY(P127-129)TerminologyTerminolog

7、yforeignexchangerate汇率ThepriceofaunitofonecurrencyexpressedintermsofanotherBeexposedtocurrencyrisk面临货币风险（P127）Aforeignassetorliabilityissaidtobeexposedtocurrencyriskifachangeintherateatwhichcurrenciesareexchangedcausesachangeintheparent(reporting)currencyequivalent-----c

8、urrencyriskexposureFCTransactionsForward远期市场（P128）Theforwardmarkethandlesagreementstoexchangeafixedamou