Prepare a List of Foreign Currency Exposures with Source for verification on the following points: 5. Post shipment credit in Foreign Currency.
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · June 2021
Prepare a List of Foreign Currency Exposures with Source for verification on the following points: 5. Post shipment credit in Foreign Currency.
Answer & Explanation:
Source for verification for Post shipment credit in Foreign Currency: Post shipment loan Ledger. Bill-wise advise from bank. Trial Balance/Internal MIS. Export Collection Bills Advance against FOBCs
Topics: Foreign Currency Exposures
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