TY  - JOUR
AU  - Savić, Bojan
AU  - Obradović, Nataša
AU  - Milojević, Ivan
PY  - 2019
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/5235
AB  - Circumstances, which include international trade intensification, development of various forms of business cooperation outside national borders-co-production, transfer of technology, joint ventures, strategic alliances, direct foreign investments, and dynamic changes in the business environment, require the management of a company to change their focus, from a local to a global approach. Multinational companies are business leaders in a global framework. The aim of this paper is to highlight the key challenges that multinational companies face when translating foreign currency transactions and the financial statements of foreign business operations for the purpose of compiling consolidated financial statements. In addition, the paper examines whether the chosen functional currency and the exchange rate can be viewed as instruments of their financial reporting policy.
AB  - Intenziviranje međunarodne trgovine, razvoj različitih oblika poslovne saradnje van nacionalnih granica - koprodukcija, transfer tehnologije, zajednička ulaganja, strategijske alijanse, strane direktne investicije, kao i dinamične promene poslovnog okruženja, zahtevaju da menadžment preduzeća preusmeri poslovno razmišljanje sa lokalnog na globalni pristup. Multinacionalne kompanije predstavljaju nosioce poslovanja u globalnim okvirima. Cilj rada je da ukaže na ključne izazove sa kojima se menadžment multinacionalnih kompanija suočava prilikom prevođenja transakcija u stranoj valuti i finansijskih izveštaja inostranog poslovanja za potrebe sastavljanja konsolidovanih finansijskih izveštaja. Dodatno, u radu se istražuje da li je izbor funkcionalne valute i kursa razmene moguće posmatrati kao instrumente politike finansijskog izveštavanja.
PB  - Univerzitet u Nišu, Niš
T2  - Facta universitatis - series: Economics and Organization
T1  - The key issues in the translation of the financial statements of multinational companies
T1  - Ključna pitanja prevođenja finansijskih izveštaja multinacionalnih kompanija
EP  - 195
IS  - 2
SP  - 183
VL  - 16
DO  - 10.22190/FUEO1902183S
ER  - 

@article{
author = "Savić, Bojan and Obradović, Nataša and Milojević, Ivan",
year = "2019",
abstract = "Circumstances, which include international trade intensification, development of various forms of business cooperation outside national borders-co-production, transfer of technology, joint ventures, strategic alliances, direct foreign investments, and dynamic changes in the business environment, require the management of a company to change their focus, from a local to a global approach. Multinational companies are business leaders in a global framework. The aim of this paper is to highlight the key challenges that multinational companies face when translating foreign currency transactions and the financial statements of foreign business operations for the purpose of compiling consolidated financial statements. In addition, the paper examines whether the chosen functional currency and the exchange rate can be viewed as instruments of their financial reporting policy., Intenziviranje međunarodne trgovine, razvoj različitih oblika poslovne saradnje van nacionalnih granica - koprodukcija, transfer tehnologije, zajednička ulaganja, strategijske alijanse, strane direktne investicije, kao i dinamične promene poslovnog okruženja, zahtevaju da menadžment preduzeća preusmeri poslovno razmišljanje sa lokalnog na globalni pristup. Multinacionalne kompanije predstavljaju nosioce poslovanja u globalnim okvirima. Cilj rada je da ukaže na ključne izazove sa kojima se menadžment multinacionalnih kompanija suočava prilikom prevođenja transakcija u stranoj valuti i finansijskih izveštaja inostranog poslovanja za potrebe sastavljanja konsolidovanih finansijskih izveštaja. Dodatno, u radu se istražuje da li je izbor funkcionalne valute i kursa razmene moguće posmatrati kao instrumente politike finansijskog izveštavanja.",
publisher = "Univerzitet u Nišu, Niš",
journal = "Facta universitatis - series: Economics and Organization",
title = "The key issues in the translation of the financial statements of multinational companies, Ključna pitanja prevođenja finansijskih izveštaja multinacionalnih kompanija",
pages = "195-183",
number = "2",
volume = "16",
doi = "10.22190/FUEO1902183S"
}

Savić, B., Obradović, N.,& Milojević, I.. (2019). The key issues in the translation of the financial statements of multinational companies. in Facta universitatis - series: Economics and Organization
Univerzitet u Nišu, Niš., 16(2), 183-195.
https://doi.org/10.22190/FUEO1902183S

Savić B, Obradović N, Milojević I. The key issues in the translation of the financial statements of multinational companies. in Facta universitatis - series: Economics and Organization. 2019;16(2):183-195.
doi:10.22190/FUEO1902183S .

Savić, Bojan, Obradović, Nataša, Milojević, Ivan, "The key issues in the translation of the financial statements of multinational companies" in Facta universitatis - series: Economics and Organization, 16, no. 2 (2019):183-195,
https://doi.org/10.22190/FUEO1902183S . .