Exchange rate changes and challenges in Accounting and Economics

An important issue in The current economy is facing in managing exchange rate is facing is that in futureis the exchange rate in the future, the exchang rate should be guided in what way It seems that due to thestructure of the foreign exchange market in Iran , Management of exchange rates and foreign exchangepolicy requires the separation of the equilibrium exchange rate exchange rate not from optimal. Exchangerate The equilibrium exchange rate, is a exchange rate based on market supply and demand ,not determinedby grammatical form.This article aims to exchange rate changes and challenges in accounting andeconomics . Each business unit can provide its financial statements currency (or currencies). If the entity sreporting currency is different from its functional currency, its results of operations and financial conditionreporting currency is convertible. Foreign currency exchange differences bring an asset to the operation orpreparation for sale is inevitable. On the other hand, identifying the differences in the profit and loss beforeincome causes distortion in performance. The majority of committee members, taking into account thedifferences in the cost of qualifying assets condition standards, including expenses related to financing theasset in accordance with Accounting Standard 11 as agreed to finance expenditure. In this paper, theStandard No. 11 Accounting Standard No. 21 of Iran s currency and international rate changes discussedAnd then these two challenges have been compare. And the consequences of exchange rate managementhave been provided

Exchange rate changes and challenges in Accounting and Economics Keywords:

exchange currency , exchange rates , inflation , money operation