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Accounting Treatment of Forward Cover in Different scenario



In global scenario, import and export transactions are commonly used by every industry and these transactions are increasing day by day. In last couple of years, rupee and dollar exchange prices movement are drastically changed and due to exchange rate movement, it is impact exchange loss / gain in
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About the Author

Chartered Accountant

Amcurrently working with Essar Oil Limited, Vadinar as Deputy General Manager, Finance and Accounts. Chartered Accountant by profession and also holds a degree in Law. I am currently responsible for Finalization of Accounts (IGAAP as well as IFRS) of Essar Oil Limited. Prior to joining Essar Oil Limited, ... Read more


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