# ASC 830-30-60: Foreign Currency Matters — Translation of Financial Statements — 60 Relationships

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/830/30/#60-relationships)

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## ASC 830-30-60: 60 Relationships

[Read section](https://asc.understandingaccounting.org/asc/830/30/#60-relationships)

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#### Comprehensive Income

##### [830-30-60-1](https://asc.understandingaccounting.org/asc/830/30/#830-30-60-1)

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For guidance on reporting foreign-currency-related components of comprehensive income, see Topic 220.

#### Income Taxes

##### [830-30-60-2](https://asc.understandingaccounting.org/asc/830/30/#830-30-60-2)

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For guidance on whether deferred taxes shall be provided for [translation adjustments](https://asc.understandingaccounting.org/glossary/t/#translation-adjustments "Translation adjustments result from the process of translating financial statements from the entity's functional currency into the reporting currency."), see Topic 740.