Please use this identifier to cite or link to this item: https://gnanaganga.inflibnet.ac.in:8443/jspui/handle/123456789/8254
Full metadata record
DC FieldValueLanguage
dc.contributor.authorJyoti Sharma-
dc.date.accessioned2024-02-27T06:35:26Z-
dc.date.available2024-02-27T06:35:26Z-
dc.date.issued2011-
dc.identifier.urihttp://gnanaganga.inflibnet.ac.in:8080/jspui/handle/123456789/8254-
dc.description.abstractThe study of Disclosure of Foreign Currency Transaction and Translation by Indian companies has important implications. The main reason to undertake this study is changing scenario of world economy, where the major issue can be International Trade, Foreign Direct Investment, Technology Movement and Multinational Corporations. With the boost in transactions between two countries, the exchange of foreign currency also increases and the value of two currencies of different countries does not match. So, the exchange differences arising on the re-statement of monetary items or non-monetary items need to be treated either in income statement or balance sheet. So, ICAI has taken the step and issued AS-11 in relation to accounting treatment of foreign currency transaction and translation. As per the disclosure requirement in paragraph 40-44, ICAI has given few clear instructions regarding the disclosure practices adopted by each public company. That's why, this study is conducted in felid of disclosure practices relating to foreign currency transaction and translation, because as the time changes, the new provisions relating to accounting treatment of foreign exchange differences is duly acknowledged by the accounting standard boards, so it becomes necessary to continuously update the previous research works.-
dc.publisherIndian Journal of Finance-
dc.titleDisclosure of Foreign Currency Transaction and Translation By Indian Companies-
dc.volVol 5-
dc.issuedNo 7-
Appears in Collections:Articles to be qced

Files in This Item:
File SizeFormat 
Disclosure Of Foreign Currency Transaction.pdf
  Restricted Access
7.56 MBAdobe PDFView/Open Request a copy


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.