"IR 2860" inscribed on the cover.
Contains material relating to foreign currency translation. Contains drafts of a standard on the subject. Contains material relating to meetings between the ASC and representatives of the Department of Trade [DoT]. Contains correspondence between members of the working party drafting the standard and the ASC under secretary dealing with it. Contains material on the subject from the Financial Accounting Standards Board [FASB] of the USA and the Canadian Institute of Chartered Accountants [CICA]. Contains material relating to the procedure of the approval of the draft standard by the CCAB bodies. This includes: Technical Advisory Committee [TAC] papers concerning the ICAEW's approval of the draft; and correspondence with the ACA, relating to their problems with the approval.