Derivatives are financial instruments that derive their value from changes in benchmark based on stock prices, interest rates, mortgage rates, currency rates, commodity prices or some other agreed upon base. Derivative Financial Instruments (DFIs) ca
IAS 39 Financial Instruments: Recognition and Measurement Issued in March 1999 Revised in December 2003 Recent amendment: by IFRS 3 revised in January 2008 Financial Instruments
ACCOUNTING STANDARD (AS) 30Financial Instruments: Recognition and MeasurementHedge accounting Definitions Relating to Hedge Accounting 8.14 A firm commitment is a binding agreement for the exchange of a specified quantity of resources at a specifie
IASB Framework The International Accounting Standards Committee Foundation (IASC Foundation) Constitution mentions about the IASB Framework twice, once in paragraph 29 and another in paragraph 43. Paragraph 29 of the IASC Foundation Constitution
The article makes an effort to understand basic concepts of “Revenue recognition” as stated by IAS 18 in a question and answer mode. IAS 18 -- Revenue Recognition What is “Revenue” ?Revenue is the gross inflow of economic be
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Value Added Statement Value Added Statement may be called the part of the development in the financial reporting but the concept of Value Added is considered old. Accountants in UK have periodically deliberated upon that the concept should be incorp
Has India Inc been finally blessed with an amendment that could clear the smoke screen that is being created by the unprecedented volatility in the currency market?There used to be a time when the Indian rupee gained considerably against the U.S doll
Construction Contracts (IAS-11)A Construction contract is defined in IAS 11 as “ …A contract specifically negotiated for the construction of an asset or a combination of assets that are closely interrelated or interdependent in terms o
Author : Suresh Lulla/DNAPerformance measurement, analysis and review are critical steps in an organisation's progress towards its goals and vision. The objective of performance measurement is to steer the company to goal attainment, and enable it to
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
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