I want to know how to disclose foreign currency exposure ( loan payable, parables and receivable in foreign currencies) in financial statements when it is hedged and is not hedged. Further i also want to know its treatment in Accounts, if any. (Support your answer based on some reference)
Kindly reply urgently either on this forum or you can mail me at my email id: amareshkumar.ca@gmail.com
But there is notification issued by RBI and i am providing the link thereof, https://www.caclubindia.com/notice_circulars/capital-and-provisioning-requirements-for-exposures-to-entities-with-unhedged-foreign-currency-exposure-clarifications-5710.asp.
Kindly answer based on this. How to deal with this. Do i need to give any certificate or some disclosure is required.
CAclubindia
