by R. Venkata Subramani | Jun 30, 2016 | Financial Instruments, Ind AS - Indian Accounting Standards
Where an entity is in the practice of entering into a derivative contract to either buy or sell a non-financial item in foreign currency, such contracts will also not be regarded as financial instruments. The entity should not be in the practice of dealing with such...
by R. Venkata Subramani | Jun 29, 2016 | Financial Instruments, Ind AS - Indian Accounting Standards
A contract to deal with a non-financial asset is not a financial instrument. Commodity contracts normally result in either taking delivery or giving delivery of a non-financial item. Such contracts are not regarded as a financial instrument as per financial...
by R. Venkata Subramani | Jun 29, 2016 | Uncategorized
I have known R. Venkata Subramani for more than two decades now and he is known for his penchant for topics on financial instruments. He has dumped down the complex topic on the treatment of financial instruments as per Ind AS which I am sure is completely new for...
by R. Venkata Subramani | Jun 29, 2016 | Ind AS - Indian Accounting Standards
Financial Instruments is by far the most complex and difficult subject in the field of accounting. The varied nature of such instruments with a wide range of derivatives and associated risk makes the task of measuring and reporting extremely challenging even for...
by R. Venkata Subramani | Jun 29, 2016 | Financial Instruments, Ind AS - Indian Accounting Standards
Mr R. Venkata Subramani, known for his expertise in the field of Financial Instruments accounting, has come up with a new edition of his book on Accounting for Financial Instruments as per Ind AS, incorporating all the relevant aspects in various chapters. The book...
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