HomeDefinitionsCompareDebt Cumulative Translation Adjustment (CTA) accountThe financial definition for Cumulative Translation Adjustment (CTA) account:An entry in a translated balance sheet in which gains and/or losses from translation have been accumulated over a period of years. The C.T.A. account is required under the FASB No. 52 rule. Similar MatchesForeign currency translationForeign currency translationThe process of restating foreign currency accounts of subsidiaries into the reporting currency of the parent company in order to prepare consolidated financial statements. Translation RiskTranslation RiskThe risk of changes in the reported home currency accounting results of foreign operations due to changes in currency exchange rates. Click to compare definitions of Cumulative Translation Adjustment (CTA) account Click to view definitions beginning cu |