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Translation

When a parent-subsidiary relationship exists between two companies in different countries using different currencies, the act or practice of changing the financial statements of the subsidiary to conform to the accounting standards of the parent's country, as well as re-denominating the subsidiary's currency into the parent's currency. According to the Generally Accepted Accounting Principles in the United States, the translation of a foreign currency to U.S. dollars must be accurate as of the date on the financial statement. If there have been substantial changes to the exchange rate since that date, the consolidated financial statement must note this.

translation

The expression of amounts denominated in one currency in terms of another currency by using the rate at which two currencies are exchanged. For example, a firm with foreign operations might express sales made in German marks in terms of U.S. dollars. Also called foreign currency translation.
References in periodicals archive ?
The fifth lawyer pointed out that when you can't contact the copyright holder, there are provisions in the international copyright law for obtaining a license to translate a book if a certain number of years have passed since the book's publication, depending on the country.
In addition, it covers languages like Russian and Korean and can also translate entire webpages for you.
The other party types his or her responses in Russian, which the computer translates for Hlava.
The computer instantly translates the stenotyped shorthand into English text and sends that text via modem to the TV studio, which then sends the closed captions out as part of its broadcast signal (hence the reference to "realtime").
Cash flow eventually must translate into reportable earnings.
ATLANTA and NEW DELHI, April 14, 2015 /PRNewswire-iReach/ -- As Translate Your World becomes one of the most globally recognized speech translation solutions, the system requirements exploded along with the skyrocketing number of companies and individuals knocking at their door.
It will then translate the selected text in the required language.
In order to have a system that could translate nearly any conversation, the database would have to be around 300,000 words.
com), making it easy to translate phrases, sentences and even pages of text to and from languages including French, Italian, Portuguese and Spanish.
My predicament is an analogue for a certain philosophical exigency that drives Derrida to writing "sous rature," which I translate as "under erasure.
Develop and disseminate a common glossary: The simplest thing to do would be to develop a glossary of important terms that are being used militarily and politically and translate them, then back-translate them into all the languages present in this conflict.
announced Wednesday it has launched a new browser featuring an automatic translation function that enables Netscape users to translate Web pages in a single click.