Advanced financial accounting PowerPoint presentation. In this presentation, we’re going to discuss foreign currency exchange rates get ready to account with advanced financial accounting, foreign currency exchange rates, let’s first define foreign currency transactions. So what are from foreign currency transactions? When are we going to need to account for foreign currency transactions. So from our perspective, we’re going to be looking at this from the perspective of a US company US company that is having their books then accounted for or measured in dollars. And when you think about the foreign currency transaction, it’s just like anything else, but it can be a little bit more confusing. So you want to remember, of course, that the dollar is basically the measuring tool.
