Financial Definition of Current / Noncurrent Method
Meaning of Current / Noncurrent Method
Under this currency translation method, all of a foreign subsidiary’s current assets and liabilities are translated into home currency at the current exchange rate while noncurrent assets and liabilities are translated at the historical exchange rate, that is, the rate in effect at the time the asset was acquired or the liability incurred.
Related Entries of Current / Noncurrent Method in the Encyclopedia of Law Project
Browse or run a search for Current / Noncurrent Method in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Current / Noncurrent Method in Historical Law
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Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Current / Noncurrent Method in the Legal Abbreviations and Acronyms Dictionary.
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