KELEŞ, Dursun Nigde Üniversitesi - Sosyal Bilimler Enstitüsü - Isletme Anabilim Dali Muhasebe ve Finansman Bilim Dali, Turkey

THE METHODS USED IN THE CONVERSION OF FOREIGN FINANCIAL STATEMENTS TO NATIONAL CURRENCY AND EFFECTS OF THE CONVERSION PROCEDURES ON THE FINANCIAL ANALYSIS RESULTS

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As a result of globalization, the world has become a unified market place which expedited international investments. This has created a need for information consumers to be able to analyze financial data via financial statements that are created within their own national currency. To satisfy this demand and be able to make correct decisions, financial statements that are created in foreign currencies need to be converted into national currency. There are various methods that are used for converting foreign currency financial statements into national currency financial statements. These methods are, current rate method, currentnoncurrent method, monetary-nonmonetary method and temporal method. In this study, information about different conversion methods is provided and financial statements created using US Dollar ($) is converted into Turkish Liras (TL) via applications and is put forth the influences of conversion operations on financial analysis results.

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Foreign Currency Financial Statements , Conversion Methods , Conversion To National Currency , Financial Analysis

Pamukkale University Journal Of Social Sciences Institute

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