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.
Related information about cumulative translation adjustment (CTA):
- Cumulative Translation Adjustment (CTA) Definition | Investopedia
An entry in the comprehensive income section of a translated balance sheet summarizing the gains/losses resulting from varying exchange rates over the years.
- Cumulative Translation Adjustment Of Foreign Currency | Proformative
Sep 28, 2011 ... The cumulative translation adjustment(CTA) for a foreign currency translation adjustmetn arises as the all of the monetary assets (cash, ...
- Cumulative Translation Adjustment (CTA) account
Similar financial terms. Non-cumulative preferred stock. Preferred stock whose holders must forgo dividend payments when the company misses a dividend ...
- What is cumulative translation adjustment (CTA)? definition and ...
Definition of cumulative translation adjustment (CTA): A balance sheet entry required of companies with foreign currency-based assets to provide greater ...
- Cumulative Translation Adjustment - CTA: Definition from Answers ...
Cumulative Translation Adjustment - CTA An entry in the comprehensive income section of a translated balance sheet summarizing the gains/losses.
- Cumulative Translation Adjustment financial definition of Cumulative ...
Cumulative Translation Adjustment (CTA) account. An entry in a translated balance sheet in which gains and/or losses from translation have been accumulated ...
- Issue Summary No. 1 - Financial Accounting Standards Board
Oct 21, 2011 ... Parent's Accounting for the Cumulative Translation Adjustment (CTA) upon the Sale or Transfer of a Group of Assets within a Consolidated ...
- Currency Translation Adjustments
EXECUTIVE SUMMARY. Accounting for currency translation risks can be very complex. This article addresses only the basics and provides some tools to help ...