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    IAS 21 Functional Currency

    028: How to determine the functional currency when a company deals with more currencies?

    by Silvia

    Imagine you sell in EUR, make purchases in INR and your loans are denominated in USD… what is your functional currency in this case? Learn here!

    Foreign Currency 17

    What closing rate to apply when more rates are available?

    by Silvia

    What closing rate shall you select under IFRS when more rates are available at the reporting date (mid rate, sell rate, buy rate)? Find out here…

    Foreign Currency, IFRS Videos 25

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