Gain insights into managing the financial impact of remeasurement and exchange rates with our industry-standard policy.

According to this sample, financial statements are intended to present information in financial terms about the performance, financial position and cash flow of the company. For this purpose, the financial statements of separate legal entities within the company, which may exist and operate in different economic and currency environments, are consolidated and presented as though they were one single entity. As it is impossible to combine, add or subtract accounts denominated in different foreign currencies, it is necessary to translate them into a single reporting currency.