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Foreign Currency Accounting and Exchange Differences

Many African businesses buy, sell and borrow in foreign currency while reporting in their local currency, which exposes them to gains and losses that confuse managers and auditors. This course demystifies foreign currency accounting, from recording transactions to translating balances and disclosing exchange differences. Participants gain the confidence to account correctly for imports, exports and foreign loans and to explain currency effects to decision makers.

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What you will be able to do

  • Distinguish between transaction, translation and economic currency exposure.
  • Record foreign currency purchases, sales and loans at the correct rates.
  • Translate monetary and non monetary balances at reporting dates.
  • Calculate and account for realised and unrealised exchange differences.
  • Disclose foreign currency effects clearly in the financial statements.
  • Explain currency gains and losses to non financial managers.

Course outline

  1. 01Types of Foreign Currency Exposure
  2. 02Recording Foreign Currency Transactions
  3. 03Spot, Forward and Average Rates
  4. 04Translating Balances at Reporting Dates
  5. 05Realised and Unrealised Exchange Differences
  6. 06Disclosure and Presentation Requirements
  7. 07Communicating Currency Effects to Management

Who should attend

Financial accountants, bookkeepers and finance managers in organisations that trade or borrow in foreign currency.

Dates, venues and fees

DatesVenueDaysFeeCalendarRegister
28 to 30 Sep 2026Lagos3US$1,500Closed
29 Sep to 1 Oct 2026Cairo3US$1,500Register
30 Sep to 2 Oct 2026Mauritius3US$1,500Register
5 to 7 Oct 2026Dubai3US$1,500Register
6 to 8 Oct 2026Online3US$900Register
2 to 4 Nov 2026Johannesburg3R13,000Register
3 to 5 Nov 2026Cape Town3R13,000Register
4 to 6 Nov 2026Durban3R13,000Register
9 to 11 Nov 2026Pretoria3R13,000Register
10 to 12 Nov 2026Windhoek3US$1,500Register
11 to 13 Nov 2026Gaborone3US$1,500Register
16 to 18 Nov 2026Maseru3US$1,500Register
17 to 19 Nov 2026Mbabane3US$1,500Register
18 to 20 Nov 2026Lusaka3US$1,500Register
23 to 25 Nov 2026Harare3US$1,500Register
24 to 26 Nov 2026Lilongwe3US$1,500Register
25 to 27 Nov 2026Blantyre3US$1,500Register
30 Nov to 2 Dec 2026Mozambique3US$1,500Register
1 to 3 Dec 2026Nairobi3US$1,500Register
2 to 4 Dec 2026Dar es Salaam3US$1,500Register
7 to 9 Dec 2026Kigali3US$1,500Register
8 to 10 Dec 2026Kampala3US$1,500Register
9 to 11 Dec 2026Accra3US$1,500Register

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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