Levyts'ka S. Accounting and Auditing of Foreign Currency Transactions

Accounting of foreign currency transactions based on the native country legislation of accounting and tax documents is systematized in this scientific work. Accounting of foreign economic activities of the enterprise in the world on the principles of International Accounting Standards (IAS) is investigated.The alternative layouts of implementation in native country accounting practice of accounting for foreign currency,consolidation of finances reporting, re-calculation of the exchange differences, registration of transactions at the moment of preparation of the balance sheet and its presentation are proposed.The courses of improvement the audit of financial statements based on the international auditing practice are suggested.