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AS-11 any changes?

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ABHINANDAN JAIN

ABHINANDAN JAIN (Querist)
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07 November 2010 Is there any change in AS 11 which is applicable for Nov,10 exam?

The difference in Forex is transferred to a account called Foreign Exchange Fluctuation Account, but i think the nomenclature of this account is amended or changed,so pls if anyone know pls let me know the real changes which are applicable for this exam
its urgent, exam is going to start on Tues
You can also give ur replies at hereforeducation@rediffmail.com

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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08 November 2010 No change in AS-11.

The "Foreign Exchange Fluctuation Account", is called deffered Income/ expenditure from foreign currency fluctutaion.

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