IAS 21 - Example - ACCA Financial Reporting (FR)

[@renatasantos7369]

OMG now it makes sense I was so confused about the non-monetary settlement. Thank you so much for such an explanation.

[@MonirulIslam-kk9eq]

wow ! what a nice lecture sir! If I ever become a chartered accountant, I will be highly in your debt

[@fahadmohiuddin5827]

Wow. Its a very helpful lecture

[@jimsaofficial7469]

Loved it. Thank you soo much. This helped me pound down the basics of the chapter ❤

[@shashikalamanushani3964]

This video was very useful. Thank you so much!

[@md.minhazulhaqacma3265]

Excellent example

[@waqasahmad6111]

Sir what is the transaction date ? It is the date on which parties sign the contract of selling or buying , or the date on which goods received or delivered?

[@swatimohnani2105]

Upon settlement, shouldnt the ex. Rate difference be compared with purchase rate? Because the retranslation on 31.dec will be reversed on 1 Jan??

[@faheemusmani1139]

should the Unrealized Gain / loss be shown on on SFP under Equity Section? instead of SPL . .

[@niranjanbasarkar]

that is when your parent company is reporting in another currency

[@christianlezama2132]

Isn't the 4538 more accurately called an unrealized gain on translation?

[@tahreemawan900]

sir when will we multiply with exchange rate?