Exchange difference recognition requires periodic recognition until final settlement, treated as income or expense for monetary items. Exchange differences on monetary transactions settled after the end of the previous year must be recognised in each intervening period up to final ... Summary
Exchange difference recognition requires periodic recognition until final settlement, treated as income or expense for monetary items.
Exchange differences on monetary transactions settled after the end of the previous year must be recognised in each intervening period up to final settlement, with exchange gain or loss on settlement treated as income or expense, except for items relating to nonintegral foreign operations.
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TaxTMI 
TaxTMI 
