What will be the accounting treatment of a loan taken from a foreign investor?
Prachi Bansal (3129 Points)
20 March 2021What will be the accounting treatment of a loan taken from a foreign investor?
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 20 March 2021
Loan is subject to foreign currency translations and go through disclosures regarding financial guarantees. Let me know if you need anything specific.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)