Dear all my friends,

I want to know how to disclose foreign currency exposure ( loan payable, parables and receivable in foreign currencies) in financial statements when it is hedged and is not hedged. Further i also want to know its treatment in Accounts, if any.
(Support your answer based on some reference)

Kindly reply urgently either on this forum or you can mail me at my email id: amareshkumar.ca@gmail.com

Thanks.

CS COURSE IS RELATED TO LAW ONLY???DO THEY HAVE ANY AUDIT RIGHT OTHER THAN SECRETARIAL AUDIT?WHAT ARE THE FUTURE PROSPECT OF CS OTHER THAN LEGAL PART?

my client have audit due for ay 15-16( fy 14-15), he is liable for penalty for non filing of audit report, his turnover is rs 1.5 crore ? is there any way to save him from penalty?

Can a Chartered Accountant employed in a CA firm give attestation/sign the audit report/certificate on behalf of his own propritorship/individual capacity?

Please suggest me the book on internal auditing of manufacturing concern in india.

Dear Experts,


One of my client were spending money for Tour / Trip to his Office Staffs and Dealers to Inside / Outside India. Where there they spending amount were eligible for showing expenses of his Profit and Loss A/c (or) can we adjust with his income from business. What is the procedure (or) rule to allow the expenses with his books of account.

in which form audit report should be prepared for the above mentioned section?

I am karta of my HUF. I have 2 sons and 2 daughter-in-laws and 3 grand children. I wish to give gift of about 2 lakhs to one of my daughter-in-law from my HUF. Can I give the gift to her. Please advise.

If cannot give gift to her from my HUF. Can I give gift to any of my grand children. Please advise.

pls share me audit report and notes of Ac of a pvt ltd co.

WHETHER PAYMENT OF INTEREST ON STATUTORY DUES i.e. service tax, tds , vat ,pt TO BE BIFURCATED i.e. INTEREST THAT ACCRUED IN PREVIOUS PERIOD TO BE TRANSFERRED TO PRIOR PERIOD EXPENSE AND THAT ACCRUE IN CURRENT PERIOD TO TO BE CHARGED TO P & L NORMALLY