CFA Level II Foreign Currency Translation

As usual the accounting portion of the CFA is taking me the longest to learn. In fact it currently accounts for 38% of the hours I've studied so far and I'm still having trouble consistently scoring over 70% on Stalla's tests.

In an effort to hammer some of the concepts home I've decided to mind map some of the decision rules, so here is the Foreign Currency Translation section in 3 slides.

Choosing the right method

Differentiating between Current and Temporal

 How to balance (what to plug)

Guide to my shorthand.
BS = Balance Sheet
IS = Income Statement
DNE = Does Not Exist
NI = Net Income
REb = Retained Earnings Beginning
Div = Dividend
Dep = Depreciation
MV = Market Value
G/L = Gain or Loss
Inf = Inflation
CHG = Change in