Can any one Explain how Exchange Fluctuation loss or gain should be treated in cash flow statement as per AS 3.
Cash Flow - Exchange Fluctuation loss or gain
VIGNESH (Manager Finance &Accounts) (327 Points)
11 November 2009
Amit Poddar
(Bcom; CA; Officer Accounts)
(250 Points)
Replied 11 November 2009
LOSS OF EXCHANGE SHOULD BE ADDED IN OPERATING ACTIVITIES & IF GAIN OF IT MUST BE DEDUCTED