by admin | Nov 5, 2024 | Ind AS Analysis
Fair Value under IFRS 13 represents the price you would receive to sell an asset or transfer a liability in an orderly transaction between market participants in the principal market at the measurement date. This standard applies to assets and liabilities measured on...
by admin | Sep 20, 2024 | Ind AS Analysis
Ever wondered why some financial instruments, despite legally being shares, are classified as liability in the books of accounts? Does this distinction affect the company or its stakeholders? Are these just accounting jargons? Let’s understand these classifications,...
by admin | Sep 10, 2020 | Ind AS Analysis
The Ministry of Corporate Affairs (‘MCA’) on 24 July 2020, notified the Companies (Indian Accounting Standards) Amendment Rules, 20201 (‘the amendment’) which includes revisions to certain Ind AS like Ind AS 103- Business Combinations, Ind AS 109: Financial...
by admin | Nov 10, 2018 | Ind AS Analysis
Transition to Ind AS is more than just an accounting change and may have a significant impact on the businesses, systems and processes and people, making this change as much a focus area for the CEO as it is for the CFO/Controllers. One of the particular challenges...
