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Accounting Standard (AS) 11 (Revised 2003)

Accounting Standard (AS) 11 (Revised 2003). THE EFFECTS OF CHANGES IN FOREIGN EXCHANGE RATES Mandatory for Accounting Periods commencing on or after 1st April, 2004. Contents . Glossary. Need & Objective. Domestic Sales. Foreign Purchases. Export Sales. Expenses in FC.

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Hedging fec - PowerPoint PPT Presentation

Accounting Standard (AS) 11 (Revised 2003)