Exchange rate changes and challenges in Accounting and Economics

An important issue in The current economy is facing in managing exchange rate is facing is that in future is the exchange rate in the future, the exchang rate should be guided in what way? It seems that due to the structure of the foreign exchange market in Iran , Management of exchange rates and foreign exchange policy requires the separation of the equilibrium exchange rate exchange rate not from optimal. Exchange rate The equilibrium exchange rate, is a exchange rate based on market supply and demand ,not determined by grammatical form.This article aims to exchange rate changes and challenges in accounting and economics . Each business unit can provide its financial statements currency (or currencies). If the entity's reporting currency is different from its functional currency, its results of operations and financial condition reporting currency is convertible. Foreign currency exchange differences bring an asset to the operation or preparation for sale is inevitable. On the other hand, identifying the differences in the profit and loss before income causes distortion in performance. The majority of committee members, taking into account the differences in the cost of qualifying assets condition standards, including expenses related to financing the asset in accordance with Accounting Standard 11 as agreed to finance expenditure. In this paper, the Standard No. 11 Accounting Standard No. 21 of Iran's currency and international rate changes discussed an‎d then these two challenges have been compare. an‎d the consequences of exchange rate management have been provided.