Unhedged foreign currency exposure (ufce)

pavithra (Chartered Accountant) (46 Points)

19 February 2016  
Dear all, Request your help for the below query: 1. Are statutory auditors supposed to issue any certificate separately on UFCE of an enity? (Ref: RBI circular dated 3-June-2014) 2. Read in article that RBI has approached ICAI for assistance regarding UFCE. Has ICAI issued any format for that? Kindly help Thanks