Written by: Barbora Choi on Wed Sep 10
IFRIC Agenda (preliminary) Decision: Treatment of Intragroup FX Differences from a Loan
View 1: 'Classification as they would have be classified, had they not been eliminated' vs. View.2 'operating.'
An interesting topic on the upcoming IFRIC Agenda (Sept 16th) targets the treatment of foreign exchange differences arising on the translation of a monetary item (a loan) into functional currency.
Short summary in the carousel.⏩
