Disclosure of foreign currency exposure

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amareshkumar (Querist)
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15 June 2016 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.
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Kindly reply urgently either on this forum or you can mail me at my email id: amareshkumar.ca@gmail.com

Thanks.

Rupesh Jain

Rupesh Jain (Expert)
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16 June 2016 you have to take help of AS-11 for that......

amareshkumar

amareshkumar (Querist)
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16 June 2016 Thanks Mr Jain,

But there is notification issued by RBI and i am providing the link thereof,
https://www.caclubindia.com/notice_circulars/capital-and-provisioning-requirements-for-exposures-to-entities-with-unhedged-foreign-currency-exposure-clarifications-5710.asp.

Kindly answer based on this. How to deal with this. Do i need to give any certificate or some disclosure is required.

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