translation

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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 ?
(TAP) - Tunisian philosopher Youssef Seddik gave on Wednesday a lecture on the theme: "Translation into Arabic: Problematics and issues," at the Tunis Institute of Translation.
23 October 2018 - Atlanta, US-based Trustpoint Translations, a subsidiary of litigation support and translation services provider Trustpoint.One, has acquired Pennsylvania-based legal translations services provider Confluent Translations, the company said.
Back translation, or translation of a translated text back into its original language, has been used in cross-cultural survey research over the past 50 years, primarily as a translation quality assessment tool.
The Sheikh Hamad Award for Translation and International Understanding is open for submissions through August 31, 2018:
"A Framework for the Description of Drama Translations".
Offline translations allow users to translate a word or sentence on Google Translate app without connecting to the internet.
Chapter 5 explores quality in translation. The author points out that "the exploration of quality in crowdsourcing and online collaborative translations is not an easy task" (p.
ISLAMABAD -- Translation plays an effective role to connect people of different communities, cultures, and civilizations into one fold.
A spokesperson for the company made an official press statement to address the matter, "Here at Easy Translations Now, we are a very client oriented company and strive to provide a cutting-edge translation service.
Waverly Labs, a start-up company from Manhattan, New York, is developing a groundbreaking earpiece that can provide near real-time translations of multilingual conversations.
I am of course alluding to the translations undertaken by the major Italian poets of the twentieth century, giving birth to a new genre called quaderno di traduzioni.
Tenders are invited for Provision of professional translations and desktop publishing services