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Lay You Lum · 2021年07月16日

问一下

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NO.PZ201602060100001501

问题如下:

After translating Consol-Can’s inventory and long-term debt into the parent company’s currency (US$), the amounts reported on Consolidated Motor’s financial statements on 31 December 20X2 would be closest to (in millions):

选项:

A.

$71 for inventory and $161 for long-term debt.

B.

$71 for inventory and $166 for long-term debt.

C.

$73 for inventory and $166 for long-term debt.

解释:

B is correct.

When the parent company’s currency is used as the functional currency, the temporal method must be used to translate the subsidiary’s accounts. Under the temporal method, monetary assets and liabilities (e.g., debt) are translated at the current (year-end) rate, nonmonetary assets and liabilities measured at historical cost (e.g., inventory) are translated at historical exchange rates, and non-monetary assets and liabilities measured at current value are translated at the exchange rate at the date when the current value was determined. Because beginning inventory was sold first and sales and purchases were evenly acquired, the average rate is most appropriate for translating inventory and C$77 million × 0.92 = $71 million. Long-term debt is translated at the year-end rate of 0.95. C$175 million × 0.95 = $166 million.

考点:Temporal method

解析:题目第一段就给了条件“use the US dollar as its functional currency”,即子公司用母公司的货币作为其functional currency。

当母公司用的货币和functional currency是一样的时候,即RC=FC≠LC时,我们使用temporal method来转换子公司的财报。

在temporal method方法下,MA和ML用的是current rate来转换,NMA和NML用的是历史汇率来转换。

inventory :用取得存货时候的历史汇率,C$77 million × 0.92 = $71 million

【提示】temporal method下Inventory 乘的汇率是历史汇率,用的是取得存货时的历史汇率,也就是存货是什么时候买的,就用什么时候的汇率,因为存货通常不是一次购买的,可能是分批采购的,所以题目为了简便,会给一个购买存货对应平均历史汇率。

这里用的0.92是汇率表格第三行的数字,不是第二行的数字。

Long-term debt:用current rate,C$175 million × 0.95 = $166 million.

下面不是说用FIFO计量存货吗,那不需要用现在的汇率转换存货吗?

1 个答案

纠纠_品职答疑助手 · 2021年07月17日

嗨,努力学习的PZer你好:


同学你好。如果是FIFO计量存货,成本核算时计量的方法,用先进先出的方法计量。

汇率转换存货,是指把当地货币计量转换成报告货币的方式。

两者是独立的关系。

----------------------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!

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2022-11-12 11:20 1 · 回答

NO.PZ201602060100001501 课上说的是存货要考虑不同的计量方式,包括cogs,用historicrate,只有加权平均法下才使用加权平均rate

2021-08-01 00:26 2 · 回答

问一下本题第一小题 这个疑惑是在回顾经典题的时候产生的 假设此题的inventory,不是 occurreevenly throughout 20X2,不是用的weighteaverage rate。   首先,我是清楚在Temporal方法下inventory默认用Historirate的,因为属于non-montary asset。   但是,在Temporal方法下inventory的计量,不是应该分情况讨论吗?比如用FIFO方法,inventory应该用current rate,Cogs应该用Historirate?   为什么何老师在讲的时候(那个时候还暂时没考虑到occurreevenly throughout 20X2),对于FIFO方法inventory仍用historirate呢?   我觉得是我哪里混淆了,望老师解答

2020-07-01 22:31 1 · 回答