This is the standard for all financials, they just don't normally call it out as such. It just means that they are assuming a fixed exchange rate for currencie

This is the standard for all financials, they just don't normally call it out as such. It just means that they are assuming a fixed exchange rate for currencies over a period of time (often a month, quarter, or year), rather than reporting foreign income/holdings in current market value dollars. I'm not an accountant, but I did do dev work for exactly this to align Netsuite with internal dashboards for reporting.