EFFECTS OF CHANGES IN FOREIGN EXCHANGE RATES IN INTERNATIONAL ACCOUNTING STANDARDS AND IN POLISH ACCOUNTING REGULATIONS

• Authors: Rogowska Ewa
• Languages of publication: EN

Abstracts

EN

This paper tackles the problem of exchange differences in International Accounting Standards and in the Polish Accounting Act. It presents a brief history of standardization in accounting and describes regulations that oblige economic entities to comply with the international standards. The main part of the article focuses on differences regarding the general approach of the Accounting Act compared to the IAS. It takes into scrutiny issues regarding the recognition of exchange differences and presents the use of specific exchange rates during the process of translation.

Keywords

EN

ACCOUNTING ACT; EXCHANGE DIFFERENCES; INTERNATIONAL ACCOUNTING STANDARDS

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Uniwersytet Warmińsko-Mazurski w Olsztynie
• Journal: Olsztyn Economic Journal
• Year: 2010
• Volume: 5
• Issue: 1
• Pages: 135-144
• Document type: ARTICLE

Contributors

author

Rogowska Ewa

• Ewa Rogowska, Collegium of Managment and Finance, Warsaw School of Economics, Poland

Identifiers

CEJSH db identifier

11PLAAAA091328