Hedge Accounting as per ind as per 109

Resources and blog entries on Hedge Accounting

Accounting treatment for FVOCI Instruments

Mr. R. Venkata Subramani is a learned person, having immense knowledge and expertise on the matters dealt with in this book. The benefit of his hands on experience and in depth practical exposure is reflected in the illustrations given in the various chapters of this book. With the tremendous growth witnessed in the Investment Banking Institutions, Hedge funds and several other financial institutions, this book will become handy for understanding and capturing the entire trading process of the financial instruments. The author, Mr.R.Venkata Subramani, is also known as a ‘Technology wizard’. Consequently, the lucid exposition that he has adopted would help automating the system of proper accounting of the entire trade cycle of each of the financial instruments.

Main Features of Ind AS 102

Share based payment transactions Indian Accounting Standard Ind AS 102 deals with Share based payment trans-actions. This is one of the standards announced by MCA IFRS 2 is the corresponding Accounting Standard issued by International Ac-counting Standards Board (IASB). Mandatory requirements – no exceptions: An entity has to recognise share-based payment transactions in its financial […]

Options before a first-time adopter regarding Ind AS 103

The exemption arises because many first-time adopters may not have all the information necessary to apply Ind AS 103 to past business combinations A first-time adopter has the following options: apply Ind AS 103 retrospectively to all past business combinations. apply Ind AS 103 to restate a past business combination and any later business combinations. […]

Optional Exemptions as per Ind AS 101 – Financial Instruments

Compound Financial Liabilities As per Ind AS 32, an entity is required to split compound financial liability and equity components at inception.  An entity need not reassess the equity and liability components subsequently after the first assessment. Ind AS 101 provides an exception when the liability component no longer exists, retrospective application of Ind AS […]

Accounting policies and changes as per Ind AS 101

An entity is required to take into account the following while considering the accounting policies as per Ind AS 101: Use the same accounting policies in its opening Ind AS Balance Sheet and throughout all periods presented in its first Ind AS financial statements Accounting policies to comply with each Ind AS effective at the […]

Adjustments to Opening Ind AS Balance Sheet as per Ind AS 101

Two categories of adjustments – Mandatory & Optional Two categories of adjustments to the principle that an entity’s opening Ind AS Balance Sheet shall comply with each Ind AS a) Prohibit retrospective application of some aspects of other Ind ASs [Mandatory exceptions] derecognition of financial assets and financial liabilities hedge accounting non-controlling interests classification and […]

First Ind AS financial statements as per Ind AS 101

  First Ind AS financial statements are the first and only financial statements in which the entity adopts Ind ASs as per the Ind ASs notified in the Companies Act 2013 and makes an explicit and unreserved statement in those financial statements of compliance with Ind ASs. It should be noted that the entire set […]

Overview of Ind AS 101 – Part 1

   Introduction When an entity following accounting standards (AS) as per iGAAP gets transitioned into Ind AS, there would be some challenges faced by the entity. The initial issue is to have a proper starting point for preparation of the accounts as per Ind AS. The entity that wants to adopt Ind AS, should prepare […]

Training on Ind AS including financial instruments (Ind AS 109) specifically for Banks

Training on financial instruments Training on financial instruments and accounting standards for financial instruments are important for all officers of the bank. As an endeavour to enable the banks in India to adopt the complex Indian Accounting Standards, especially accounting standards for financial instruments, we are happy to announce training program for the officers of […]

R. Venkata Subramani

Financial Instruments

Hedge Accounting

ECL / CECL

IFRS / US GAAP / Ind AS

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