Forward Contract

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d
90 Points Posted on 11 June 2010

Hi,

Can anybody give me accounting policy for Forward Contracts..We are not following AS-30.

 

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On 11 June 2010 at 12:23 Report
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Manager - Accounts
204 Points Posted on 11 June 2010

Then follow guidance note on accounting for forward contracts

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On 11 June 2010 at 17:35
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Ca final Artical
33 Points Posted on 21 June 2010

as the AS 30 is recommendatory in nature for this year then you may avoide it but for policy aspects you may follow Guidance note issued by ICAI.

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On 21 June 2010 at 01:35

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