Controller
24 April 2009
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One Comment
We transferred cash to our Austrian parent. At month end we were charged loss on foreign exchange on our P&L. What is the proper posting logic for a cash transfer to a foreign owned parent company on the same day?
tx for the advice
karen
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[...] Controller | IFRSLIST.COM – The online community about IFRS, Accounting and Auditing http://www.ifrslist.com/2009/04/24/controller – view page – cached We transferred cash to our Austrian parent. At month end we were charged loss on foreign exchange on our P&L. What is the proper posting logic for a — From the page [...]
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