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About foreign currency rate – Singaporean accounting standards

Forums › ACCA Forums › General ACCA Forums › About foreign currency rate – Singaporean accounting standards

  • This topic has 0 replies, 1 voice, and was last updated 11 years ago by leminh88.
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  • November 4, 2013 at 4:15 am #144485
    leminh88
    Member
    • Topics: 6
    • Replies: 4
    • ☆

    Hi all,

    Currently, I am living in Viet Nam. Recently, my boss have had me do some book keeping entries for his company in Singapore.

    We have bank accounts in foreign currencies (#SGD), but I am not quite sure of how to get the foreign currency rate. We can get the rate declared by Sinaporean banks or from a particular website uploading foreign currency rate every day?

    I hope that all of you, especially ones with experiences of Singaporean Accounting can help me out of it.

    Sorry for this inconvience.

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