The effect of translation exposure on the sustainability of public business enterprises in Rwanda. a case study of WASAC Ltd (2017-2019)

[The Rwandan - Rwanda] - 6/05/2021
By The Rwandan Economist Introduction Translation exposure is the potential for an increase or decrease in the parent’s net worth and reported income caused by a change in exchange rates since the last transaction (Moffet, et al., 2003). In an accounting context, foreign currency translation is (...)
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