Accounting of options not traded on stock exchange
This query is : Resolved
18 May 2013
how to account a option which will expire after balance sheet date as off balance sheet date.? option is not traded
CA Sourabh Agarwal
(Expert)
18 May 2013
If you follow AS 30-32 relating to Financial Instruments, Option is a derivative, I suppose, and in such case, it is valued at fair value and P/L is recognised. Fair value is the profit or loss you may have IF you maturity of option is date of balance-sheet.
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