CMA Study Group

special issues under CMA Part 2 section A

  • 1.  special issues under CMA Part 2 section A

    Posted 20 days ago
    I am studying special issues under CMA Part 2 section A. Do i need to learn the rates at which the different items are remeasured (under temporal method) and translated (under current rate method)? For example, monetary assets should be converted to the functional currency as on nalance sheet date, non monetary item should be converted to the functional currency as on historical exchange rate as and when it occurred?

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    Nupur Mahajan
    nupur1188@...
    Hartford CT United States
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