1、1 中文中文 37803780 字字 本科毕业论文（设计） 外 文 翻 译 外文题目 The temporal method versus the closing rate method 外文出处 Comparative International Accounting (8th Edition) M. Financial Times/ Prentice Hall, 2005.394-398. 外文作者 Christopher Nobes , Robert B Parker. 原文原文： The temporal method versus the closing rate method Th
2、e opposition between the temporal method and the closing rate method throughout the accountancy world is probably the most important aspect of the translation problem. Note, however, that this opposition would not arise under current value accounting, when the two methods would give the same results
3、. It is the authors opinion that, only the temporal method can be justified for use with historical cost accounting. The fundamental objection of the accounting theorist to the closing rate method under historical cost accounting can be stated very simply as follows. The closing rate method, when ap
4、plied to an asset stated in the foreign subsidiarys balance sheet at historical cost, produces a translated figure that has no meaning: it is not the historical cost in terms of the home currency; neither is it the current replacement cost nor the net realizable value: The number is in fact nothing except the produce of multiplying two unrelated numbers (Lorensen, 1972, page107). The leading German theorist, Busse von Colbe, makes the same point rather more politely: transl
