Accounting Standard â 11 Effects of Changes in ... - tnkpsc.com

More documents

Recommendations

Info

Non-integral Foreign OperationsIndicators- Degree of Autonomy- % of transactions with reporting enterprise- Financing of activities from own operations- Sales are in local currency- Expenses are settled in local currency- Cash flows of reporting enterprise are not affected- Sale prices are determined by competition- Active local sales market for F.O. products17/05/2008 12
Integral Foreign OperationsItemMonetary itemsNon-monetary itemscarried at historical costNon-monetary itemscarried at fair valueContingent LiabilityExchange RateClosing RateRate at the date ofthe transactionRate existing at thetime of determinationof such valuesClosing Rate17/05/2008 13
Page 1 and 2: Accounting Standard - 11Effects of
Page 3 and 4: Objective‣ Which exchangerate to
Page 5 and 6: Foreign Currency TransactionInitial
Page 7 and 8: Recognition of ExchangeDifferencesT
Page 9 and 10: Financial Statements ofForeign Oper
Page 11: Non-integral Foreign Operations•
Page 15 and 16: Disposal of Non-integralForeign Ope
Page 17 and 18: Forward Exchange ContractsItemProfi
Page 19 and 20: Disclosure‣Reconciliation of amou
Page 21: Thank You17/05/2008 21

Accounting Standard â 11 Effects of Changes in ... - tnkpsc.com

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?

Accounting Standard â 11 Effects of Changes in ... - tnkpsc.com