UK Accounting Glossary
The currency used by an organisation in it’s financial statements.
Reporting currency refers to the currency used by an organisation in it’s financial statements.
The reporting currency is the currency which is used for an entity’s financial statements.
Pound Sterling was officially adopted as the company’s reporting currency and this became effective as of the 1st April, 2018.
The reporting currency pertaining to the organisations new financial statements is the U.S. dollar.
The Company uses the Euro as its reporting currency.
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This glossary post was last updated: 4th May 2019.