Cumulative Translation Adjustment

Business, Legal & Accounting Glossary

Definition: Cumulative Translation Adjustment


Cumulative Translation Adjustment

Quick Summary of Cumulative Translation Adjustment


A balance sheet entry required of companies with foreign currency-based assets to provide greater transparency in their reporting. Assets acquired in a foreign currency are required to be reported at their current exchange rates so that it reflects actual gains or losses.




Synonyms For Cumulative Translation Adjustment


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, from PayrollHeaven.com website: https://payrollheaven.com/define/cumulative-translation-adjustment/

Definition Sources


Definitions for Cumulative Translation Adjustment are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.