| 释义 |
current/noncurrent method Current/noncurrent methodThe translation of all of a foreign subsidiary's current assets and liabilities into home currency at the current exchange rate while noncurrent assets and liabilities are translated at the historical exchange rate; that is, the rate in effect at the time the asset was acquired or the liability incurred.Current/Noncurrent MethodIn accounting, a convention where all current assets and liabilities in a foreign currency are translated to the domestic currency at the current exchange rate while all long-term assets and liabilities are translated at the exchange rate in effect when each asset or liability was acquired. See also: Temporal Method.current/noncurrent method see FOREIGN CURRENCY TRANSLATION. |