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RE: APPLICABILITY OF INTERNATIONAL ACCOUNTING STANDARDS (IAS) ON THE EFFECTS OF VARIATIONS IN CURRENCY EXCHANGE RATES ON COMPANIES.
Hi @dgalan
I was not certain about the existence of international standards in this field, but it is interesting to know. However, it is logical that they exist, because in the end the rules that are used at the level of numbers, accounting and such things, should be similar.
Good information. Thank you.
Greetings @ josevas217
The accounting processes at least in Venezuela have adopted since several years ago the International Accounting Standards that come to regulate all administrative, accounting, fiscal and auditing accounting procedures, everything that involves any transaction in a company will be governed by the rules and these are of universal use to be understood anywhere in the world.
Thank you very much for your comments