The Impact of Foreign Currency Translation on Reporting during the Phase-in of SFAS No. 52 Academic Article uri icon

abstract

  • This article examines the impact of the adoption of FASB Statement No. 52 on foreign currency reporting for multinational companies during the optional three-year adoption period (19811983). The results of the study suggest that early adoption of SFAS No. 52 for many companies was motivated by a favorable impact on income and earnings per share but that the relative rankings of the companies before and after SFAS No. 52 were not significantly affected.

published proceedings

  • Journal of Accounting Auditing & Finance

author list (cited authors)

  • Benjamin, J. J., Grossman, S. D., & Wiggins, C. E.

citation count

  • 3

complete list of authors

  • Benjamin, James J||Grossman, Steven D||Wiggins, Casper E

publication date

  • January 1986