Accounts Articles

New Lease Accounting Standard

Posted by Nidhi 25 November 2017 7438 Views

Article on how are the entities as "Lessee" in a lease contract getting ready for FASB- ASC 842 implementation? What are some the important points

Protective Rights - If to consider for controlling percentage?

Posted by CA Anuj Agrawal 14 November 2017 4752 Views

While analyzing the control aspect on any investments made by an entity, we usually go by the definition which suggests that while evaluating such rights which ...

Hedge Accounting - What is allowed to be hedged?

Posted by CA Anuj Agrawal 08 November 2017 6448 Views

Simple answer is to mitigate all expected losses or adverse effect on fair values of any balance sheet items (e.g. Investments etc) or an effect on Profit/Loss ...

Hedge Accounting - Risk Management 'Strategy' vs Risk Management 'Objectives'

Posted by CA Anuj Agrawal 04 November 2017 7415 Views

Several of our readers requested to have clarity on Hedge Accounting, However it will indeed be a very long topic hence from now onwards, we will start taking t...

Intangible Assets - Finite or Indefinite life?

Posted by CA Anuj Agrawal 16 October 2017 20159 Views

Intangible Assets are being recognized when it falls under the category of an Asset which has no physical substance and it is a non-monetary item and having ide...

Take or Pay long term commodities contracts - Ind AS/ IFRS

Posted by CA Anuj Agrawal 14 October 2017 3821 Views

There would be many instances where a long term commodity purchase or sale agreement are being entered between the parties where there is a quantity to be deliv...

Appointed date Vs. Acquisition date - Acquisition of Business per Ind AS

Posted by CA Anuj Agrawal 08 October 2017 5594 Views

Acquisition of business is quite common in today's fast moving dynamics of the world and every such stakeholder of the entity would be interested to know all im...

Convertible Bonds Calculations - Equity & Liability portion - Ind AS/ IFRS

Posted by CA Anuj Agrawal 27 September 2017 9124 Views

Many of our readers requested to share actual calculation and the process to bifurcate any convertible bonds between Equity & Liability and its related Journal ...

Option to buy Shares given - Vodafone Idea Merger

Posted by CA Anuj Agrawal 18 September 2017 6237 Views

Recent news on approving merger of Vodafone & Idea at their board level has given many questions related to its accounting under the new framework i.e. Ind-As. ...