Translation and Remeasurement
Lets discuss translation and remeasurement in simple words
Translation - Converting foreign currency balances of your subsdiary into functional currency of your parent entity.
It is when company is doing investing activities.
It is foreign currency into functional currency.
Remeasurement - Converting financial numbers or accounting into functional currency to calculate the actual net income.
It is when company is doing operating activities.
It is accounting into functional currency.
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