Cumulative Translation Adjustment Account

(redirected from CTA Account)

Cumulative Translation Adjustment Account

On a balance sheet, an account where a company reports fluctuations in exchange rates that have occurred since it acquired an asset in a foreign currency. CTA accounts exist because FASB No. 52 requires companies to report assets held in foreign currencies to be reported at their current exchange rates.
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CTA accounted for the major share of both the cumulative first-year post-EVAR ED (69.2%) and the cumulative subsequent yearly ED (94.3%), while the EVAR procedure (27.7% of the first-year cumulative ED) and secondary endovascular procedures (3.1% of the first-year cumulative ED and 5.7% of the subsequent yearly ED) contributed only little to the total ED delivered to EVAR patients in our study.