IDEAS home Printed from https://ideas.repec.org/a/eas/buseco/v17y2019i17p113-119.html
   My bibliography  Save this article

Development of Functional Currency in The International Accounting Standards

Author

Listed:
  • AyÅŸe Atılgan SARIDOÄžAN

    (Ä°stanbul Arel Ãœniversitesi)

Abstract

Economic risk and opportunities resulted from accelerating globalization in the world economy resulted in important effects on the accounting theories, accounting standards and in practice in both national and international level. One of the important problems facing the multinational corporations is negative the effect of the exchange rates fluctuations on their financial statements. In order to overcome this problem, ?Functional Currency? concept and its application were introduced by the Financial Accounting Standard, No: 52 (FAS 52) issued by The Financial Accounting Standards Board (FASB) in 1981 in the United States. Main aim of this study is to investigate development of functional currency in international accounting standards.

Suggested Citation

  • AyÅŸe Atılgan SARIDOÄžAN, 2019. "Development of Functional Currency in The International Accounting Standards," Eurasian Business & Economics Journal, Eurasian Academy Of Sciences, vol. 17(17), pages 113-119, February.
    • Handle: RePEc:eas:buseco:v:17:y:2019:i:17:p:113-119
    DOI: 10.17740/eas.econ.2019�V17�09
    as

    Download full text from publisher

    File URL: https://eurasianacademy.org/index.php/busecon/article/view/810
    Download Restriction: no
    File URL: https://libkey.io/10.17740/eas.econ.2019�V17�09?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eas:buseco:v:17:y:2019:i:17:p:113-119. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kutluk Kagan Sumer (email available below). General contact details of provider: http://busecon.eurasianacademy.org/eng/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.