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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 ?
Following a series of proposals and interviews, the executives at Translate Your World selected and engaged Xicom Technologies Ltd.
It will then translate the selected text in the required language.
All other single digits are common to both genders ie one, five, six, seven, eight, nine translate to un, pump, chwech, saith, wyth, naw, whether one is counting boys or girls.
With a sentence like ``Inspect the filter for wear and tear,'' the computer might translate it to mean you should inspect the filter for wear and then tear it.
Most of the software programs that allow fairly inexpensive, off-the-shelf computer hardware to translate Russian are preliminary versions being developed by Gerold G.
For example, if the word "cochlear" is not in the reporter's dictionary, the computer could translate it either as KOEBG/HRAOER (untranslated steno) or "coke leer" (incorrect English translation).
The OPEB exposure draft issued in February of 1989 blows holes--indeed, rather large holes, given the magnitude of the amounts involved --into Wall Street's assumption that for a given investment cash flow translates into earnings over a reasonable period of time.
With SYSTRAN 6 individuals and professionals can instantly translate and understand foreign language information, as well as create and publish in multiple languages in real-time.
Today, international education takes a giant leap across 78 languages as Translate Your World, the Web software that enables people to speak across languages with a high level of accuracy, adds compatibility with WebRTC, the hottest new open-source software on the planet.
Yet, this does not only run against the common meaning accepted by those most learned about that language, but somehow he also contradicts himself, since in chapter 47 of the book of Isaiah, where the same word appears, he thinks it means indecency and ugliness and that is how he translates it.
Carnegie Mellon's component, JANUS, translates English-language speech into German or Japanese text.
Interpreters interpret spoken words, but find it difficult to translate what's written on a screen.