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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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Automatic language translation technology can be used in several correctional applications, including:
Though language translation, aided by automation, has progressed to the point of being a viable tool for Soldiers today, the capability manager for MFLT, Colonel Lee Stewart, TRADOC Capability Manager-Ground Sensors (TCM-GS) at Fort Huachuca, Arizona, admits that the capability still needs more maturity.
WiseGuyReports.Com Publish a New Market Research Report On -" Language Translation Software & Services Market Analysis, Strategic Assessment, Trend Outlook and Bussiness Opportunities 2019-2023".
Muuzii[R] is the world's most universal and flexible mobile language translation and language learning solution providing service between English and 40 of the world's global languages.
"Until now, automatic language translation has been at the behest of a few major providers," a company spokesperson said.
Technology company Intertainment Media Inc (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) announced on Monday that its real time language translation platform Ortsbo is offering a cloud computing real time translation application built on the Microsoft (Nasdaq:MSFT) Windows Azure platform.
"So great is the demand for Welsh language translation that we are now faced with a regrettable shortage of Welsh-speaking teachers," she said.
The official German language translation of 'Harry Potter and the Order of the Phoenix' is scheduled for release by German publisher Carlsen Verlag on 9 November this year.
Other features include automated problem diagnostics, electronic chat and dynamic language translation into eight languages.
The service provides its users with free collaborative tools, such as teacher-monitored e-mail and instant language translation. ePALS aims to facilitate cooperative learning between classrooms around the world.
M2 EQUITYBITES-April 24, 2017-UK Language Translation Specialist SDL to Sell Social Intelligence Business

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