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 ?
Demand for translation is increasing so there is a need for people who can deliver professional translation services, noted Komisyon sa Wikang Filipino's (KWF) Sangay ng Salin head John Enrico Torralba.
The objectives of the workshop will be an opportunity for participants to review the terms discussed previously, based on which the content discussed today will be the official basis for the translation team and review group.
So what should be done to mitigate this innate risk of machine translation?
On the other hand, the translation of Koranic texts is extremely complex according to the philosopher, because the imperative of preserving the sanctity of the holy book and its meanings risks to drive any interpreter into the literal translation.
For this, he blamed the wrong teaching methods totally insensitive to key translation rules being followed at our schools.
Confluent Translations has provided translation and localisation services to Corporate America in all languages and in all markets around the world.
Dissatisfaction with the back translation method has led survey researchers to depart from it.
Submissions can be made both by individuals or institutions, and nominated translations "must have been published in the five years prior to the announcement date of the Award."
Chapter 1 starts with a clear--and probably expected--dichotomy: is translation a science or an art, or is it both?
The 1980s witnessed more in-depth discussions of translation in Comparative Literature in Europe and the United States.
Barak Turovsky, head of product and design at Google Translate and Machine Intelligence, told ET that one of the critical gaps in translation of Indian languages is that there are not enough training data or translated data on the Internet.

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