Online Course on AS 11

Online Course on AS 11 The Effects of Changes in Foreign Exchange Rates

Take this Course for $10
Welcome to this Online Course on AS 11 The Effects of Changes in Foreign Exchange Rates

In this course you will learn :

1.Introduction to AS 11 The Effects of Changes in Foreign Exchange Rates
2.Areas not covered by AS 11
3.What is Foreign Currency Transaction?
4.Monetary and Non Monetary Items
5.Integral & Non Integral Foreign Operations
6.Forward Exchange Contract and Forward Rate
7.Initial Recognition of Foreign Exchange Transactions
8.Reporting Foregin Currency Items at Balance Sheet Date
9.Recognition of Exchange Differences
10.Treatment of Exchange Differences of Long Term Monetary Items
11.Translation of Financial Statements of Foreign Operations
12.Translation of Financial Statements of Integral Foreign Operations
13.Translation of Financial Statements of Non Integral Foregin Operations
14.How to decide Non Integral Foregin Operations?
15.Forward Contract and AS 11
16.Case Study 1 Forex Difference and Loan Accounting
17.Case Study 2 Capitalization of Foreign Exchange Difference attributable to Depre
18.Case Study 3 Preparation of Trial Balance of Foreign Operations in Rupees
19.Case Study 4 Recognition of Forward Contract Loss / Gain
20.Case Study 5 Accounting for Speculative loss / gain out of Forward Contract
21.Disclosures required in Financial Statements
22.Presentation of Foreign Currency Monetary Item Translation Difference Account
23.Case Study 6 Accounting for Translation of Integral Foreign Operations

Course Curriculum

Introduction to AS 11 The Effects of Changes in Foreign Exchange Rates
Areas not covered by AS 11
What is Foreign Currency Transaction?
Monetary and Non Monetary Items
Integral & Non Integral Foreign Operations
Forward Exchange Contract and Forward Rate
Initial Recognition of Foreign Exchange Transactions
Reporting Foregin Currency Items at Balance Sheet Date
Recognition of Exchange Differences
Treatment of Exchange Differences of Long Term Monetary Items
Translation of Financial Statements of Foreign Operations
Translation of Financial Statements of Integral Foreign Operations
Translation of Financial Statements of Non Integral Foregin Operations
How to decide Non Integral Foregin Operations?
Forward Contract and AS 11
Case Study 1 Forex Difference and Loan Accounting
Case Study 2 Capitalization of Foreign Exchange Difference attributable to Depre
Case Study 3 Preparation of Trial Balance of Foreign Operations in Rupees
Case Study 4 Recognition of Forward Contract Loss / Gain
Case Study 5 Accounting for Speculative loss / gain out of Forward Contract
Disclosures required in Financial Statements
Presentation of Foreign Currency Monetary Item Translation Difference Account
Case Study 6 Accounting for Translation of Integral Foreign Operations
author

CA N Raja Natarajan

Instructor

I am a Chartered Accountant with tonnes of passion for teaching.

I teach Financial Management & Strategic Financial Management for Chartered Accountancy, Cost and Management Accountancy and Company Secretary students in Ernakulam, India. I also hold Post Graduate Diploma in Business Administration in Finance from Symbiosis, Pune and Bachelors in Commerce, from Loyola College, Chennai.

I worked in State Bank of India as Assistant Vice President - Credit for a period of four years after which i started my Chartered Accountancy Practice. During the stint in State Bank of India, I worked on credit proposals of Mid Corporate Units and gained good experience in Financial Analysis, Risk Assessment, Viability Study, Evaluating business models, Project Finance, Working Capital Management, etc.

I conduct work shops for Entrepreneurs, Chartered Accountancy / Cost and Management Accountancy Students on the topics like Project Finance, Credit Risk Assessment, Entrepreneurship Development, Finance for Non Finance Executives, etc.

I love teaching and i want fundamentals of accounting and finance to reach students and so i am here.