Articles in the IAS 21 Category
CHANGES IN FOREIGN EXCHANGE RATES, DOCUMENTS, IAS 21, IAS 21 The Effects of Changes in Foreign Exchange Rates »
List of useful info, resources and documents available on other websites about IAS 21 – The Effects of Changes in Foreign Exchange Rates. Summary of IAS 21 – IASPlus Full Text of the IAS 21 as at 31 December 2010 provided by … Continue read…
EVENTS, FINANCIAL INSTRUMENTS, IAS 21, IAS 39, UK »
IFRS Application for GENERAL Insurers
23 – 24 November, Central London, UK
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EVENTS, FINANCIAL INSTRUMENTS, IAS 18, IAS 21, IAS 39, UK »
IFRS Application for LIFE Insurers
15– 16 November, Central London, UK
Visit the Website: http://www.informaglobalevents.com/FKM62276IFLW
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This course provides high quality introductory to intermediat…
IAS 21 »
Hi there, Can anyone advise how to treat intercompany loans during the consolidation of a foreign sub under ifrs?
I am trying to calculate the fx gain/loss that goes to equity on translation of the subs net assets but I’m unsure what adjustments I should post before I do this. For example should I eliminate interco loans and make the FV adjustments before or after I calculate the gain/loss ?
I think this will make quite a difference as the interco loans are large!
Also when we acquired the sub it was a …
IAS 21 »
Looking for an example of a company that has included a “convenience translation” in its IFRS financial statements. (as described in IAS 21 par 56-57 and BC14). This would be supplementary information that is presented in a different than its functional or presentation currency.
Thanks
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IAS 21 »
Dear
I am in a financial organization. Our company pays some expenses (e.g. salary, fees) with foreign currency. In every month we prepare P/L account with local currency. We also perform currency exchange and change our sale/bye rate according to central bank and also booked exchange gain/loss determining mid rate. So, in which rate we convert such foreign curreny expenses with local currency to show in the P/L account monthly as well as yearly? As currency rate is variable, so at year end which rate will be applicable to prepare yearly …
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