Webinars

You Gain Some, You Lose Some: Best Practices for Ledger Structures During Functional Currency Change

Date: Tuesday, January 31, 2017

Time: 2:00 – 3:00 pm Eastern

Location: WebEx

When going to a true functional currency, countries are eliminating the financial statement misstatement between Cumulative Translation Adjustment and foreign exchange gains and losses. The resulting accounting implications result in a flurry of activities. For entities with Oracle® E-Business Suite, one of the most significant changes to be addressed is affecting the functional currency change within all ledgers – ledgers should be set up for each local currency. This session with eprentise Vice President of Finance and Corporate Controller Brian Lewis, CPA, will analyze setups and illustrate best practices for ledger structures during a currency change to go to a functional currency.

Learning Objectives: After completion of this program you will be able to:

Objective 1: Discover how ledgers are affected during a functional currency change.
Objective 2:  Analyze setups for ledger structures in Release 12.
Objective 3: Explore the best practices for ledger structures during a currency change.

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You Gain Some, You Lose Some: Best Practices for Ledger Structures During Functional Currency Change from eprentise on Vimeo.

• Additional Details

  Sponsor:

  eprentise, LLC
  6052 Turkey Lake Road, Suite 202
  Orlando, FL 32819
  888.943.5363
  CPE Programs Administrator – Julissa Gonzalez
  email: jgonzalez@eprentise.com

  CPE:

  Recommended CPE 1 hr (based on a 50 minute hour)
  Specialized Knowledge & Applications (Technical Business)

  Program Level:

  2 – 3 Years (Intermediate)

  Prerequisites:

  General understanding of Oracle E-Business Suite Financials Module

  Preparation:

  No advance preparation required.

  Delivery Method:

  Group-Internet

  Cost:

  Free

  Speaker:

  Brian Lewis

  Contact Information: