Consolidated cash flow

Nihar Dharod (Article) (34 Points)

02 May 2012  

Dear All,

Im presently working on Consolidation of Foreign Subsidiary (Holding Co. being Indian Company).

I have a query with regards Consolidated Cash Flow (AS3).

How will foreign exchange gain/loss be given effect for various items like change in working capital items, etc. be given ? How to record them (At what rate ?) How to restate them (At what rate) ?

Please explain the same in detail.

 

Regards,

Nihar Dharod