In AS 11 An enterprise should disclose ........

Accountancy (Phase -I & II) Accounting standards

In AS-11, An enterprise should disclose:

the amount of exchange differences included in the net profit or loss for the period

net exchange differences accumulated in foreign currency translation reserve as a separate component of shareholders’ funds, and a reconciliation of the amount of such exchange differences at the beginning and end of the period.

both 1 and 2

none of these

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Explanation:

An enterprise should disclose:

the amount of exchange differences included in the net profit or loss for the period; and
net exchange differences accumulated in foreign currency translation reserve as a separate component of shareholders’ funds, and a reconciliation of the amount of such exchange differences at the beginning and end of the period.