Discuss foreign currency transactions utilizing multinational accounting financial instruments and foreign entity statements.

What are the accounting implications for foreign currency exchange rates, hedge effectiveness, inter-period tax allocations for foreign currency transactions, and hedge net investments in a foreign entity?

What are some of the differences, benefits, and ramifications of convergence to International Financial Reporting Standards (IFRS)?

Consider the expected timeline, functional currency, translation and measurement, foreign subsidiaries, and hedging of a net investment in a foreign subsidiary.

You have been an RN for 3 years. Six months ago, you left your position as a day charge nurse at one of the local hospitals to accept a position in the public health agency. You really miss your friends at the hospital and find most of the public health nurses older and aloof. However, you love working with your patients and have decided that this is where you want to build a lifetime career. Although you believe that you have some good ideas, you are aware that because you are new, you will probably not be able to act as change agent yet. Eventually, you would like to be promoted to agency supervisor and become a powerful force for stimulating growth within the agency. You decided that you can do a few things to build a power base. You spend a weekend designing a personal power-building plan
Make a power-building plan. Give six to ten specific examples of thing you would do to build a power base in the new organization. Provide rationale for each selection. Outline specific actions that you would take. It might be helpful to consider your own community and personal strengths when solving this learning experience.