CFA Mind Maps - Level 2 Foreign Currency Translation
As usual the accounting portion of the CFA is taking me the longest to learn. In fact it currently accounts for 38% of the hours I've studied so far and I'm still having trouble consistently scoring over 70% on Stalla's tests.
In an effort to hammer some of the concepts home The Fat Left Tail has decided to mind map some of the decision rules, so here is the Foreign Currency Translation section in 3 slides.
In an effort to hammer some of the concepts home The Fat Left Tail has decided to mind map some of the decision rules, so here is the Foreign Currency Translation section in 3 slides.
Click on the Mind Map to expand it.
Differentiating between Current and Temporal
How to Balance (What to Plug)
Guide to Shorthand
BS = Balance Sheet
IS = Income Statement
DNE = Does Not Exist
NI = Net Income
REb = Retained Earnings Beginning
Div = Dividend
Dep = Depreciation
MV = Market Value
G/L = Gain or Loss
Inf = Inflation
CHG = Change in
IS = Income Statement
DNE = Does Not Exist
NI = Net Income
REb = Retained Earnings Beginning
Div = Dividend
Dep = Depreciation
MV = Market Value
G/L = Gain or Loss
Inf = Inflation
CHG = Change in
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