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AS 11
Accountancy
why Does net investment of reporting entity in Integral foreign operations not affected due to change in foreign exchange rates?
Answers (4)
Best Answer
Thread Starter
Kumar SarthakSir what is the answer of first question?
Temp changes in values of investment in integral foreign operations due to forex rate changes are not adjusted, Because if intention is to hold on to investment, such changes donâ??t matter
Thread Starter
Kumar Sarthak2. does reporting date means transaction date or balance sheet date?
Balance sheet date 31/ 3/ 20xx
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