嗨,努力学习的PZer你好:
同学你好,问题1:首先,translation gain/loss产生的本质是由于记账日和报表日的汇率存在差异所造成的
因为在temporal method下,non-monetary asset总的来说是历史汇率进行转换的——也就不存在由于历史汇率和现在汇率不同所带来的unrealized gain/loss,而current method下所有资产负债科目都是以报表日汇率进行转换,由于报表日和历史日的汇率肯定不一致,所以才会产生unrealized gain/loss
问题2:以下为题目原文“Consolidated Motors is a US-based corporation that sells mechanical engines and components used by electric utilities. Its Canadian subsidiary, Consol-Can, operates solely in Canada. It was created on 31 December 20X1, and Consolidated Motors determined at that time that it should use the US dollar as its functional currency”
首先local currency和functional currency不一定相同,判断functional currency的唯一标准是子公司是否依附于母公司,那functional currency就是母公司货币,并用temporal method——但是需要注意的是,虽然functional currency是母公司货币, 但是由于子公司毕竟在当地,所以报表使用的币种依然是local currency;反之,则用local currency作为functional currency,使用current method
题目这里的意思是,一开始公司使用的就是temporal method,因为题目说了子公司一开始 should use the US dollar as its functional currency
现在董事会要求转换记账方式,所以说此时子公司需要从temporal method转成current method
----------------------------------------------加油吧,让我们一起遇见更好的自己!