#2 Accounting of Transaction of Foreign Currency | TYBCOM SEM 6
47.9 هزار بار بازدید -
3 سال پیش
-
#2 Accounting of Transaction of
#2 Accounting of Transaction of Foreign Currency | TYBCOM SEM 6
AS 11 deals with
1) Accounting for transactions in foreign currencies;
2) Translating financial statements of foreign operations to reporting currency; and
3) Accounting for foreign currency transactions like forwarding exchange contracts
Forex lecture series:
Part 1 - #1 Accounting of Transaction of Forei...
Part 2 - #2 Accounting of Transaction of Forei...
Part 3 - #3 Accounting of Transaction of Forei...
Part 4 - #4 Accounting of Transaction of Forei...
Part 5 - #5 Accounting of Transaction of Forei...
Part 6 - TYBCOM SEM 6 Financial Accounting For...
a) Transaction date rate: exchange rate as at the date of transaction
b) Closing Rate: exchange rate as at the Balance Sheet date.
c) Average Rate is the mean of the exchange rates in force during a period.
d) Forward Rate:
e) Reporting Currency: currency used in presenting the financial statements
f) Foreign Currency: currency other than the reporting currency of the enterprise
g) Foreign Operation: is a subsidiary, associate, joint venture, or branch of a reporting enterprise, the activities of which are based or conducted in a country other than the country of the reporting enterprise.
h) Monetary items: are money held and assets and liabilities to be received and paid in fixed or determinable amounts of money.
BCOM Lecture Series (Playlist)
TYBCOM Sem 5 Mumbai University | Onli...
Please like, share, and subscribe.
Video Presented by :
Prof. Tauseef Khan
M.Com - Accountancy
M.Com - Management
MBA
UGC - NET
Follow us on :
Telegram: https://t.me/tybcom_scholarszilla
Twitter: Twitter: tauseef_sir
Instagram: Instagram: scholarszilla
Visit our website
https://www.scholarsclasses.com/blog
#tybcomscholarszilla
#forex
#tybcom
#Tauseefsir
AS 11 deals with
1) Accounting for transactions in foreign currencies;
2) Translating financial statements of foreign operations to reporting currency; and
3) Accounting for foreign currency transactions like forwarding exchange contracts
Forex lecture series:
Part 1 - #1 Accounting of Transaction of Forei...
Part 2 - #2 Accounting of Transaction of Forei...
Part 3 - #3 Accounting of Transaction of Forei...
Part 4 - #4 Accounting of Transaction of Forei...
Part 5 - #5 Accounting of Transaction of Forei...
Part 6 - TYBCOM SEM 6 Financial Accounting For...
a) Transaction date rate: exchange rate as at the date of transaction
b) Closing Rate: exchange rate as at the Balance Sheet date.
c) Average Rate is the mean of the exchange rates in force during a period.
d) Forward Rate:
e) Reporting Currency: currency used in presenting the financial statements
f) Foreign Currency: currency other than the reporting currency of the enterprise
g) Foreign Operation: is a subsidiary, associate, joint venture, or branch of a reporting enterprise, the activities of which are based or conducted in a country other than the country of the reporting enterprise.
h) Monetary items: are money held and assets and liabilities to be received and paid in fixed or determinable amounts of money.
BCOM Lecture Series (Playlist)
TYBCOM Sem 5 Mumbai University | Onli...
Please like, share, and subscribe.
Video Presented by :
Prof. Tauseef Khan
M.Com - Accountancy
M.Com - Management
MBA
UGC - NET
Follow us on :
Telegram: https://t.me/tybcom_scholarszilla
Twitter: Twitter: tauseef_sir
Instagram: Instagram: scholarszilla
Visit our website
https://www.scholarsclasses.com/blog
#tybcomscholarszilla
#forex
#tybcom
#Tauseefsir
3 سال پیش
در تاریخ 1400/01/10 منتشر شده
است.
47,926
بـار بازدید شده