i am involved in preparation of parties outstanding aging.but while performing this function i m little bit confused in weather to take original outstanding or to take outstanding based on revaluation(if it is a foreign party)
for an example: Mr.XYZ outstanding as on 31st march 1.100(USD)x 45(Original rate)=4500 2.100(USD)x 46(revalued rate)=4600
now from the example please tell me which one i should consider 1 or 2 for aging
and also provide me some references from I GAAP and IFRS
CAclubindia
