Foreign currency transactions-foreign currency translation

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What are the differences between fair value can flow and foreign currency hedges? What is the difference between accounting for foreign currency transactions and foreign currency translation? Are there disclosure requirments in the US that govern the reporting practices of foreign currency transactions?

Reference no: EM13150807

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Foreign currency transactions-foreign currency translation : What are the differences between fair value can flow and foreign currency hedges? What is the difference between accounting for foreign currency transactions and foreign currency translation?
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