Foreign Currency Matters (April 2021)
- Download the PDF version (available without subscription; not updated after issuance).
- View the active version (subscription required; updated as warranted). For subscribers, links to substantive changes made to the Roadmap since its issuance, if any, will be provided below.
This Roadmap provides Deloitte’s
insights into and interpretations of the accounting guidance in ASC 830 on foreign
currency matters. Each chapter of this publication typically starts with a brief
introduction and includes excerpts from ASC 830, Deloitte’s interpretations of those
excerpts, and examples to illustrate the relevant guidance. This publication also
addresses relevant SEC considerations and highlights from the meetings of the AICPA
SEC Regulations Committee’s International Practices Task Force.
The 2021 edition of this Roadmap also includes
On the Radar, a new section that briefly
summarizes emerging issues and trends related to the accounting and financial
reporting topics addressed in the Roadmap.
This Roadmap replaces the Deloitte Q&As that were contained in
ASC 830. To find the text in the Roadmap that corresponds to a former Q&A,
select the “Foreign Currency” tab at the bottom of the Q&A to Roadmap Quick Reference
Guide and search for the Q&A’s number or title.
Be sure to check out other titles in Deloitte’s Roadmap
series, our comprehensive, easy-to-understand collection of
accounting guides on selected topics of broad interest to the financial reporting
community.