Cash flows in Foreign Currency

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..... the date of the cash flow. Unrealised foreign exchange gain or loss are non-cash items. Hence excluded from statement of cash flows. However, the effect of exchange rate change on cash and cash equivalents held or due in a foreign currency is reported in the Statement of cash flows in order to reconcile cash and cash equivalents at the beginning and the end of the period. This amount is prese .....

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..... mit use of the exchange rate at the end of the reporting period when translating the cash flows of a foreign subsidiary. Treatment of Unrealised gains or loss on foreign currency exchange - Unrealised gains and losses arising from changes in foreign currency exchange rates are not cash flows. However, the effect of exchange rate changes on cash and cash equivalents held or due in a foreign cu .....

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