Abstract
This study trying to find solution to the problems concerning with foreign currency
belong to multinational companies, under the international accounting. The research paper
discusses the concept of the international accounting and the problems belong to this kind
of accounting. Those problems have been investigated through many ways. International
accounting standard no. 21 which is concerning with treatment of the change of the prices
of the foreign currencies has been studied. That is necessary to discussing the ability
teaching the international accounting with other lessons for accountancy departments in
order to escort with other sciences .The Iraq accounting standards committee should issue
accounting standard and determining the right way to treat the problems transforming the
foreign currencies for multinataional companies
Keywords