028: How to determine the functional currency when a company deals with more currencies?
by
Silvia
Imagine you sell in EUR, make purchases in INR and your loans are denominated in USD… what is your functional currency in this case? Learn here!
Foreign Currency
17
What closing rate to apply when more rates are available?
by
Silvia
What closing rate shall you select under IFRS when more rates are available at the reporting date (mid rate, sell rate, buy rate)? Find out here…
Recent Comments
- Andri Elvar Guðmundsson on How to determine the discount rate for lessees under IFRS 16?
- Saheed on A Practical Map of IFRS Standards: 7 Key Categories
- Bennet Lee on Complete IFRS Consolidation Lecture: IFRS 3 | IFRS 10 | Examples
- hussain on Depreciation of ROU related to land
- J. on How to account for intercompany loans under IFRS
Categories
- Accounting Policies and Estimates (14)
- Consolidation and Groups (25)
- Current Assets (21)
- Financial Instruments (56)
- Financial Statements (54)
- Foreign Currency (9)
- IFRS Videos (74)
- Insurance (3)
- Most popular (7)
- Non-current Assets (56)
- Other Topics (15)
- Provisions and Other Liabilities (46)
- Revenue Recognition (27)
- Uncategorized (1)