The accounting of differences in foreign exchange rates and amount: similarities and differences

Abstract

This article highlights the main similarities and differences regarding the accounting of differences in foreign exchange rates compared to the differences in amount. The relevance of the study is conditioned by the expansion of international transactions and the regular use of foreign currency. Therefore, the purpose of the research is to highlight the proper and legal methods of accounting the operations in foreign currency and the favorable or unfavorable differences in exchange rate or in amount. CZU: 657.422:336.748.1(478); JEL: F31, M41; DOI: https://doi.org/10.53486/9789975359023.31