Functional currency

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Functional currency

As defined by FASB No. 52, an affiliate's functional currency is the currency of the primary economic environment in which the affiliate generates and expends cash.

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No references found			TSMC), for example, uses US dollars for all of its business activities and will save an estimated NT$50 million annually by shifting its functional currency from the NT dollar, which it uses now, to the US dollar. Taiwan will link fully with international accounting criteria in 2013 by The Taiwan Economic News A higher-than-expected 87 per cent tax rate in the quarter, up from 71 per cent a year ago, resulting from a shift to the US dollar as the functional currency of the parent company, dampened the positive news of record output, analysts said. StatoilHydro keeps target as Q1 shines by Oil & Gas News 200) The statutory law created two new concepts: the functional currency and the Qualified Business Unit. Real taxation of virtual commerce by Chung, Steven / Virginia Tax Review			Full Stock Full Trading Authorization Full Vesting Full-Faith-and-Credit Bond Full-Faith-and-Credit Pledge Full-Payout Lease Full-Service Broker Full-Service Brokerage Firm full-service gross lease Full-Service Lease Full-Time Student fully amortizing loan Fully Amortizing Payment Fully Depreciated Fully diluted earnings per share Fully Diluted Shares Fully Distributed Fully Indexed Rate Fully Invested Fully Modified Pass-Throughs Fully Subscribed Fully Taxable Pensions fully valued Fumi Age Fun Money Functional currency functional obsolescence Fund Fund assets Fund Family Fund Flows Fund Group Fund Manager Fund network Fund of Funds Fund Overlap Fund Supermarket Fund Switching Fundamental Analysis Fundamental Analyst Fundamental beta Fundamental descriptors Fundamental Forecasting Fundamental Information fundamentalist Fundamentals Funded Debt Funded Liability Funded Pension Plan funding Funding Agreement			Functional Communications-Computer Systems Plan functional complaints Functional Complexity of the System Functional Component functional component command Functional Component Commander Functional Configuration Audit Functional Configuration Audit/Physical Configuration Audit Functional Configuration Baseline Index Functional Configuration Data Base Functional Configuration Document Functional Configuration Identification Functional Configuration Management System functional congestion Functional Connectivity Mapped with MR functional constraint functional contracture Functional Contrast-to-Noise Ratio Functional Control Audit Functional Control Document Functional Control Program Functional Coordinating Group Functional Cost Account Functional Cost Hour Report Functional currency Functional cyst functional damage assessment Functional Data Administrator Functional data analysis Functional Data Coordinator Functional Data Definition Language Functional Data Element Functional Data Exchange Architecture Functional Data Manager Functional Data Model functional database Functional Database Managers functional deafness functional deafness functional deafness Functional Decision Diagram Functional decomposition Functional decomposition Functional Decomposition Design Functional Decomposition Diagram Functional Degrees of Freedom Functional dependencies Functional dependency Functional dependency Functional Dependency Gate Functional Description Functional Description & Allocation Functional Description Document

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