時態(tài)法與期末匯率法【外文翻譯】_第1頁
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1、1本科畢業(yè)論文（設(shè)計）外文翻譯外文題目Thetempalmethodversustheclosingratemethod外文出處ComparativeInternationalAccounting(8thEdition)[M].FinancialTimesPrenticeHall2005.394398.外文作者ChristopherNobesRobertBParker.原文：原文：Thetempalmethodversustheclos

2、ingratemethodTheoppositionbetweenthetempalmethodtheclosingratemethodthroughouttheaccountancywldisprobablythemostimptantaspectofthetranslationproblem.Notehoweverthatthisoppositionwouldnotariseundercurrentvalueaccountingwh

3、enthetwomethodswouldgivethesameresults.Itistheauth’sopinionthatonlythetempalmethodcanbejustifiedfusewithhisticalcostaccounting.Thefundamentalobjectionoftheaccountingtheisttotheclosingratemethodunderhisticalcostaccounting

4、canbestatedverysimplyasfollows.Theclosingratemethodwhenappliedtoanassetstatedinthefeignsubsidiary’sbalancesheetathisticalcostproducesatranslatedfigurethathasnomeaning:itisnotthehisticalcostintermsofthehomecurrencyneither

5、isitthecurrentreplacementcostntherealizablevalue:‘Thenumberisinfactnothingexcepttheproduceofmultiplyingtwounrelatednumbers’(Lensen1972page107).TheleadingGermantheistBussevonColbemakesthesamepointrathermepolitely:‘transla

6、tionofhisticalcostsexpressedinfeigncurrencyatthecurrentratedoesnotresultinavaluationthatcanbeinterpretedinanymeaningfulsense’(Grayetal.1993page327).Thisfaultoftheclosingratemethodissofundamentalthatintheopinionofmanyacco

7、untingtheistsitmakestheuseofthemethodquiteunacceptable.ThecaseftheclosingratemethodwassetoutbytheBritishAccounting3Asthesameexchangerateisusedfallitemsthetranslatedaccountsarealwaysalineartransfmationoftheiginalfeigncurr

8、encyaccounts.Toproponentsofthetempalmethodthisisahighlyawkwardresulttheyneedalltheiringenuitytoexplainhowitisrightfaprofitinonecurrencytobeturnedintoalosswhentranslatedintoanothercurrency.Howevertherearegoodargumentstobe

9、made.Firstitshouldbestressedthatthepurposeoftranslationistopermitthepreparationofconsolidatedaccounts.Asageneralrulethetranslatedfiguresofthesubsidiary’sassetsliabilitiesrevenuesexpensesareaggregatedwiththoseoftheparentc

10、ompanyintheconsolidatedfinancialstatementsthefeignsubsidiary’sseparateentityislostintheconsolidatedaccounts.Hencethefactthatithasacertaindebtequityratioasanindividualcompanyisirrelevantfromtheviewpointoftheconsolidatedfi

11、nancialstatements.Converselyifaperson(e.g.aminityshareholderacreditofthesubsidiary)wishestoexaminethefinancialpositionofthefeignsubsidiaryasaseparateentitythenhesheshouldlooktoitsseparatelocalcurrencyaccountsthegroupacco

12、untsareirrelevantfthispurpose.Thecreditofasubsidiarycompanycannotnmallydemrepaymentofthedebtfromtheparentcompanyncanaminityshareholderexpectdividendstobepaidoutofgroupprofits.Howeverwhiletheaboveargumentgoespartofthewayt

13、owardsexplainingwhytherelationshipsinthesubsidiary’sfinancialstatementsareirrelevantftheconsolidatedstatementsitisstilluncomftablethataprofitinthesubsidiary’sown(localcurrency)profitlossaccountcanbetranslatedintoalossint

14、heconsolidatedprofitlossaccount.Onemaylegitimatelyaskthequestion:whichfinancialstatementpresentsthetruefairviewthesubsidiary’sfeigncurrencyaccountsthetranslatedversionincpatedintotheconsolidatedaccountsIfthetempalmethodi

15、screctthentheanswertothisquestionmustbethatbothfinancialstatementsaretruefair.Thesubsidiary’sownfinancialstatementspresentatruefairviewfitscreditsshareholderstheconsolidatedfinancialstatements(incpatingthesubsidiary’stra

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