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AS 11

why Does net investment of reporting entity in Integral foreign operations not affected due to change in foreign exchange rates?


Kumar Sarthak

Kumar Sarthak

CA Inter

9K+

20-Mar-21 19:24

17

Answers (4)

Best Answer

Sir 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


Sriram Somayajula

Sriram Somayajula

Admin

20-Mar-21 20:51

2. does reporting date means transaction date or balance sheet date?

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Kumar Sarthak

Kumar Sarthak

CA Inter

9K+

20-Mar-21 19:45

2. does reporting date means transaction date or balance sheet date?

Balance sheet date 31/ 3/ 20xx


Sriram Somayajula

Sriram Somayajula

Admin

20-Mar-21 20:19

Balance sheet date 31/ 3/ 20xx

Sir what is the answer of first question?


Kumar Sarthak

Kumar Sarthak

CA Inter

9K+

20-Mar-21 20:37

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