current/noncurrent method

current/noncurrent method
The translation of all of a foreign subsidiary's current assets and liabilities ( liability) 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. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • 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… …   Financial and business terms

  • Текущий/нетекущий метод — метод пересчета валютных средств, при котором все текущие активы и обязательства дочерней структуры пересчитываются в национальную валюту головной компании по текущему обменному курсу, а нетекущие активы и обязательства пересчитываются по… …   Финансовый словарь

  • accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …   Universalium

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