Can any one please tell me what are the amendment has been made in AS 11,from which year it is applicable and what accounting entries is to be incorporated in the books of accounts as per the amendment
24 April 2009
up to 31.3.11, compnies are not requied to charge exchange differences arsing from long term liabilty (taken for capital assets)to p&l. now company should add/ less the exch diff in cost of assets and require to charge dep on that addition
CAclubindia
