FASB No. 8 Accounting standard (U.S.) that stipulated that firms should translate any foreign affiliates' accounts using the temporal method. Profits and losses arising from currency fluctuations were shown under current income. The rule was in force from 1975 to 1981 and was highly … [Read more...]
PFhub - Business, Financial & Economic News
PFhub is the the authoritative source of economic, business and financial news from around the world.
Ads
Investing Tutorials
Glossary Terms
Disclaimer
The content provided on this website is for informational purposes only. Always consult with a financial professional before making any financial decisions. Authors opinions are not necessarily shared by the owners of PFhub™. Journalist of PFhub™ have no vested interest in any stock they cover. Articles are written based upon trending news and current events. By visiting this website you agree not to hold the owners, operators or authors of PFhub ™ liable for any financial decisions you make.
about · authors · contact · privacy policy · sitemap · xml sitemap · terms of service · copyright © 2020 PFhub ™