CONSOLIDATION OF ACCOUNT OF 100% WHOLLY OWNED SUBSIDIARY

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ONSOLIDATION OF ACCOUNT OF 100% WHOLLY OWNED SUBSIDIARY<br> Query (Issue) Started By: - NITIN DESAI Dated:- 31-5-2016 Last Reply Date:- 10-6-2016 Accounting - Auditing<br>Got 2 Replies<br>Companies La....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....w<br>SIR, WE ARE PRIVATE LIMITED COMPANY SITUATED IN GUJARAT. WE HAVE WHOLLY OWNED SUBSIDIARY IN UAE. OUR AUDIT IS COMPLETED FOR FY 2015-16 IN UAE WHERE THE ACCOUNTS ARE MAINTAINED IN AED. NOW I WANT....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... TO CONSOLIDATE THE ACCOUNT IN INDIA WHICH SHALL BE IN RUPEES. MY QUERY IS WHAT SHALL BE THE RATE TO BE CONSIDERED FOR CONVERSATION OF AED INTO RUPEES FOR ALL TRANSACTION OF PROFIT AND LOSS ACCOUNTS A....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ND BALANCE SHEET. THE CONSOLIDATE ACCOUNT SHALL BE AUDITED BY OUR STATUTORY AUDITOR BASED ON AUDITED ACCOUNTS OF UAE COMPANY. Reply By Ganeshan Kalyani: The Reply: What is your view Sir ? Reply By ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....NITIN DESAI: The Reply: SIR, I UNDERSTAND THAT WE MAY TAKE EXCHANGE RATE PREVAILING AS ON 31ST MARCH,2016 CAN BE TAKEN FOR CONVERSION OF PROFIT AND LOSS A/C AND BALANCE SHEET FOR CONSOLIDATION OF AC....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....COUNT IN INDIA. HOWEVER WE REQUIRE EXPERT VIEW.<br> Discussion Forum - Knowledge Sharing ....