Ledger
Revaluation operates on measured balances.
It is tied to open monetary populations, rates, and ledger posting evidence.
FX Mechanics Reference
Foreign Currency Revaluation and Translation
Foreign currency revaluation and currency translation are distinct mechanisms in the custody chain. Revaluation restates monetary balances for ledger measurement; translation converts measured results into reporting or consolidation presentation.
Mechanics doctrine
Revaluation changes measured ledger posture. Translation changes presentation posture.
Both require evidence, but they do not answer the same custody question.
AccountCcy.com FX Mechanics Layer
Distinction
Separate remeasurement mechanics from presentation translation.
AccountCcy treats revaluation as a State 05 ledger discipline tied to open monetary populations, rate sources, timing, and approval evidence.
Translation belongs to State 06 and State 07 presentation layers, where measured ledger results are converted for reporting, consolidation, and group visibility.
The distinction matters because misclassification can distort unrealized FX, equity translation effects, reporting bridges, and audit explanations.
Mechanics map
Where each mechanism sits in the CCY State Chain
FX revaluation
Restates open monetary balances in the ledger using governed rates.
Reference: FX revaluation
Remeasurement
Measurement mechanics tied to functional and ledger currency context.
Reference: Remeasurement
Currency translation
Converts measured results into reporting or consolidation presentation.
Reference: Currency translation
Reporting currency
Presentation layer where translation becomes visible.
Reference: State 06
Evidence map
Evidence required to defend revaluation and translation
Revaluation evidence includes population listings, rate-source approval, run logs, exception review, and ledger posting support.
Translation evidence includes methodology memos, reporting packages, translation rates, equity movement support, consolidation roll-forwards, and bridge schedules.
Both require versioned artifacts. Neither should rely on a spreadsheet whose origin cannot be replayed.
Governance interrogation
Revaluation and translation control questions
Which balances are included in revaluation populations and why?
Which exchange-rate source governed the run and who approved overrides?
Where are unrealized and realized FX separated?
Which translation methodology applies to reporting or consolidation packages?
How are translation adjustments reconciled to equity or reporting bridges?
Can auditors reperformance-test both mechanisms independently?
Reference graph
Revaluation and translation are adjacent but not interchangeable.
This page protects AccountCcy's terminology from one of the most common multi-currency accounting collapses.
Reporting
Translation operates on presentation.
It converts measured results into reporting or group currency views.
Audit
Evidence must separate mechanics.
Reviewers need to test revaluation and translation without blended narratives.
Control logic
Separate run logs, rate evidence, and bridge schedules.
Keep revaluation evidence and translation evidence distinct while linking both to the same custody chain.
Risk if weak
FX explanations that sound right but test poorly.
If revaluation and translation are blended, committees may approve narratives that cannot survive reperformance.
Evidence Discipline
Original framework. Real institutional behavior.
AccountCcy.com develops original framework language while distinguishing it from established accounting terminology, ERP behavior, reporting practice, financial messaging conventions, and professional standards.
Vendor names, accounting standards, and system categories may be referenced only as context. Such references do not imply affiliation, endorsement, official interpretation, or professional advice.
Reference and educational framework only. Not accounting, audit, tax, legal, investment, or ERP implementation advice.