IND AS 109

This query is : Resolved

Nagendra (Querist)
Follow

17 May 2020 Dear All,

Please guide me at what rate Security Deposits Received/Paid are to be dicounted to arrive at fair value as per Ind AS 109 ?
And what is Incremental Borrowing Rate as per Ind AS 116 and how to determine this IBR.

Thanks & Regards
Nagendra

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
Follow

22 May 2020 https://www2.deloitte.com/content/dam/Deloitte/nz/Documents/audit/IFRS-16-discount-rates.pdf
https://assets.kpmg/content/dam/kpmg/in/pdf/2019/08/vor-leases-ind-as-116-technology-sector-implementation-issues.pdf
https://www.mca.gov.in/Ministry/pdf/RuleIndAsEng_30032019.pdf