# ASC 830-20-50: Foreign Currency Matters — Foreign Currency Transactions — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/830/20/#50-disclosure) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-10T01:47:02.159Z to 2026-09-10T01:47:02.159Z Record version: sha256:d9893f4e13ec796ce631300dd6afd84344c014a867e5e8b2daac8b24e665378d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 830-20-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/830/20/#50-disclosure) SEC content: no #### Aggregate Transaction Gain or Loss ##### [830-20-50-1](https://asc.understandingaccounting.org/asc/830/20/#830-20-50-1) Pending content: yes Source downloaded (UTC): 2026-09-10T01:47:02.159Z to 2026-09-10T01:47:02.159Z Record version: sha256:4ca69ca97785361ae0637bbd2d3e9697d768cabf48d6106c3e79dc57e5e5947b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If not presented in the financial statements as discussed in paragraph [830-20-45-1](https://asc.understandingaccounting.org/asc/830/20/#830-20-45-1), the aggregate [transaction gain or loss](https://asc.understandingaccounting.org/glossary/t/#transaction-gain-or-loss "Transaction gains or losses result from a change in exchange rates between the functional currency and the currency in which a foreign currency transaction is denominated. They represent an increase or decrease in both of the following: The actual functional currency cash flows realized upon settlement of foreign currency transactions The expected functional currency cash flows on unsettled foreign currency transactions.") included in determining net income for the period shall be disclosed in notes to financial statements. Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance: [220-40-65-1](https://asc.understandingaccounting.org/asc/220/40/#220-40-65-1)If not presented in the financial statements as discussed in paragraph [830-20-45-1](https://asc.understandingaccounting.org/asc/830/20/#830-20-45-1), the aggregate [transaction gain or loss](https://asc.understandingaccounting.org/glossary/t/#transaction-gain-or-loss "Transaction gains or losses result from a change in exchange rates between the functional currency and the currency in which a foreign currency transaction is denominated. They represent an increase or decrease in both of the following: The actual functional currency cash flows realized upon settlement of foreign currency transactions The expected functional currency cash flows on unsettled foreign currency transactions.") included in determining net income for the period shall be disclosed in notes to financial statements. See paragraphs [220-40-50-21 through 50-25](https://asc.understandingaccounting.org/asc/220/40/#220-40-50-21) for additional disclosure requirements. #### Subsequent Rate Changes ##### [830-20-50-2](https://asc.understandingaccounting.org/asc/830/20/#830-20-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:47:02.159Z to 2026-09-10T01:47:02.159Z Record version: sha256:d06db085d8ab49f386abe2ea745cbda2c0e0202be5131f8693b43f2f643c7dc0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Disclosure of a rate change that occurs after the date of the reporting entity's financial statements and its effects on unsettled balances pertaining to [foreign currency transactions](https://asc.understandingaccounting.org/glossary/f/#foreign-currency-transactions "Transactions whose terms are denominated in a currency other than the entity's functional currency. Foreign currency transactions arise when a reporting entity does any of the following: Buys or sells on credit goods or services whose prices are denominated in foreign currency Borrows or lends funds and the amounts payable or receivable are denominated in foreign currency Is a party to an unperformed forward exchange contract For other reasons, acquires or disposes of assets, or incurs or settles liabilities denominated in foreign currency."), if significant, may be necessary. If disclosed, the disclosure shall include consideration of changes in unsettled transactions from the date of the financial statements to the date the rate changed. In some cases it may not be practicable to determine these changes; if so, that fact shall be stated. #### Effects of Rate Changes on Results of Operations ##### [830-20-50-3](https://asc.understandingaccounting.org/asc/830/20/#830-20-50-3) Pending content: no Source downloaded (UTC): 2026-09-10T01:47:02.159Z to 2026-09-10T01:47:02.159Z Record version: sha256:3c4c81385c336e2312cf6d299146fa2fe6526ddba61fa0a26802771541b0643d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Management is encouraged to supplement the disclosures required by this Subtopic with an analysis and discussion of the effects of rate changes on the reported results of operations. This type of disclosure might include the mathematical effects of translating revenue and expenses at rates that are different from those used in a preceding period as well as the economic effects of rate changes, such as the effects on selling prices, sales volume, and cost structures. The purpose is to assist financial report users in understanding the broader economic implications of rate changes and to compare recent results with those of prior periods.