Identify the locations in the annual report

Assignment Help Accounting Basics

Reference no: EM133537985

Question: Access the most recent annual report for a U.S.-based multinational company of your choice and respond to the following items:

Identify the location(s) in the annual report that provides disclosures related to the translation of foreign currency financial statements and foreign currency hedging.
Determine whether the company's foreign operations have a predominant functional currency.
Determine the amount of re-measurement gain or loss, if any, reported in net income in each of the three most recent years.
Determine the amount of translation adjustment, if any, reported in other comprehensive income in each of the three most recent years. Explain the sign (positive or negative) of the translation adjustment in each of the three most recent years.
Determine whether the company hedges net investments in foreign operations. If so, determine the type(s) of hedging instrument used

Reference no: EM133537985

Questions Cloud

Projects and activities being completed during practicum : Describe the projects and activities being completed during your practicum. What you have learned from your experience to date?

What is earnings management : What is Earnings Management and What are among CEOs characteristics that impacted earnings management? 3)Identify and discuss the underlying theory

Describe how an investee could have benefited : Describe how an investee could have benefited from the cost method and why the equity method limits the investee's ability with respect to earnings

What challenges arise from child protection being : Why is it difficult to provide a clear definition of abuse and neglect? what do you think are the barriers to community responsibility in this area?

Identify the locations in the annual report : Identify the locations in the annual report that provides disclosures related to the translation of foreign currency financial statements and foreign currency

Find one authentic leadership style quiz : Task is to go online and find one authentic Leadership style quiz, take the quiz and then put results.

Why are sociologists interested in studying religion : Why are sociologists interested in studying religion? Discuss three questions that sociologists would pose about religion in society, and why they would pose

How would you assess targets performance : How would you assess Targets performance relative to history and relative to Wal-Mart? Can differences in operations rather than differences in performance

What types of critical self-review do you use to ensure : What types of critical self-review do you use to ensure that you are bringing the best of your professional self to your roles as a master of social work intern

User Account

All Pages