LEC 05 Accounting for foreign currency translation

Foreign Exchange Accounting covers the accounting of the transactions which are carried by a business in different currencies (Foreign currency) other than functional currency, and records such transactions in the functional currency of the reporting entity, based on the exchange rate in effect on the date of transaction.
LEC-01 LEC-01 Accounting for foreign exchang...
LEC-02 LEC-02 Accounting for foreign exchang...
LEC-03 LEC 03 Accounting for foreign currenc...
LEC-04 LEC 04 Accounting for foreign currenc...
LEC-05 LEC 05 Accounting for foreign currenc...