Example on IND-AS 21: Conversion from Functional to Presentation Currency

CA Aman Agrawal , Last updated: 28 March 2018  
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Branch A of ABC Limited. Its functional currency is USD. However, Branch A is required by law to present its financial statements in INR as presentation currency of ABC limited is INR, which is the local currency of the country in which it operates. Branch A has a 31 March financial year-end.

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Published by

CA Aman Agrawal
(Ind AS Consultant )
Category Accounts   Report

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