Articles by Sanjay Chauhan (IFRS)

Stock Options - Measurement, Accounting & Disclosure

Posted by Sanjay Chauhan (IFRS) 26 June 2012 34013 Views

A. Stock Options Stock Options are getting more prevalent as part of compensation package in many entities in India especially MNCs that are listed on Stock Exchanges in India and abroad, either directly or through the stock of its holding Company

Accounting Deep Discount Bonds - I GAAP & IFRS

Posted by Sanjay Chauhan (IFRS) 14 April 2020 79350 Views

A. Zero Coupon Bond (Deep Discount Bond) Zero-coupon bond (also called a discount bond or deep discount bond) is a bond issued at a price lower than its face value, with the face value repaid at the time of maturity. It does not make periodic inte

Indian Economic Turbulence - A Comparative View

Posted by Sanjay Chauhan (IFRS) 09 May 2021 14023 Views

Finance Minister Pranab Mukherjee on Wednesday, 23rd May 2012, assured Parliament that India's growth story remained intact despite Euro zone crisis and Greece turmoil. Mr. Mukherjee attributed the downward trend in the share markets to the glob

Compulsory Convertible Instruments under Revised Schedule VI

Posted by Sanjay Chauhan (IFRS) 10 May 2012 37075 Views

Facts of the case Indian Entities have issued Foreign Currency Compulsory Convertible Bonds / Compulsory convertible debentures. How should the same be classified under revised Schedule VI? Revised Schedule VI Excerpt from Guidance

International Financial Reporting Standard (IFRS): Principle based Standard

Posted by Sanjay Chauhan (IFRS) 09 May 2012 26433 Views

IFRS are considered a "principles based" set of standards that establish broad rules for accounting.Rules-based standards such as US GAAP have an accounting rule for almost every type transaction. There are various oversight bodies whose objective is