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Please join us for this webinar in which our IFRS experts will talk about
issues surrounding International Accounting Standard (IAS) 21: The
Effects of Changes in Foreign Exchange Rates, a standard developed
by the IASB to prescribe the accounting effects on a company that
operates in more than one currency and reporting requirements when
the operational currency of a subsidiary is different relative to that of the
parent company.
We will review topics that are unique to accounting for foreign currencies
under IFRS, including the determination of the functional currency,
calculation of gain or loss related to changes in foreign exchange
rates, and the translation of a foreign entity’s financial statements to
the functional currency of the parent company for use in consolidated
financial statements.
Learning Objectives
During this course, we will discuss:
•	 How IAS 21 affects companies operating in more than one currency
•	 How to determine the functional currency
•	 How to calculate gain or loss due to changes in exchange rates
•	 Differences in accounting with U.S. GAAP
Register for this free course online at www.mhmcpa.com.
CBIZ & MHM Executive Education Series™CBIZ & MHM Executive Education Series™
Accounting for Foreign Currencies
Under IFRS
2014 Series • Course 19
© Copyright 2014. CBIZ & Mayer Hoffman McCann P.C. All rights reserved.
Thursday
July 10, 2014
11 a.m.–12 p.m.
Central Time
Eligible for
1 CPE credit
Questions or more information?
Marco Pulido | 310.268.2746 | mpulido@cbiz.com

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Webinar: Accounting for Foreign Currencies Under IFRS, July 10

  • 1. Please join us for this webinar in which our IFRS experts will talk about issues surrounding International Accounting Standard (IAS) 21: The Effects of Changes in Foreign Exchange Rates, a standard developed by the IASB to prescribe the accounting effects on a company that operates in more than one currency and reporting requirements when the operational currency of a subsidiary is different relative to that of the parent company. We will review topics that are unique to accounting for foreign currencies under IFRS, including the determination of the functional currency, calculation of gain or loss related to changes in foreign exchange rates, and the translation of a foreign entity’s financial statements to the functional currency of the parent company for use in consolidated financial statements. Learning Objectives During this course, we will discuss: • How IAS 21 affects companies operating in more than one currency • How to determine the functional currency • How to calculate gain or loss due to changes in exchange rates • Differences in accounting with U.S. GAAP Register for this free course online at www.mhmcpa.com. CBIZ & MHM Executive Education Series™CBIZ & MHM Executive Education Series™ Accounting for Foreign Currencies Under IFRS 2014 Series • Course 19 © Copyright 2014. CBIZ & Mayer Hoffman McCann P.C. All rights reserved. Thursday July 10, 2014 11 a.m.–12 p.m. Central Time Eligible for 1 CPE credit Questions or more information? Marco Pulido | 310.268.2746 | mpulido@cbiz.com