Convenience translation

Aconvenience translationis either when an entity displays itsfinancial statementsor other financial information in acurrencythat is different from either its functional currency or its presentation currency simply by translating all amounts at end-of-period exchange rates.A result of making a convenience translation is that the resulting financial information does not comply with allGenerally Accepted Accounting Principles.

It is also referred to as aconvenience translationwhen a (language) translation is rendered for the convenience of reading a text in a different from the original language; however, the original text remains the only legally binding text.