Companies need to translate foreign currencies when they trade in those currencies and when they have foreign operations that use differing currencies. Accounting standards insist on a consistent ...
(2023-04-05) Kitron is from 1 January 2023 presenting its consolidated financial statements in EUR. The change in presentation currency from NOK to EUR is due to Kitron’s activities now being ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Katrina Ávila Munichiello is an ...