Hi professionals,
I had a basic query. In objectives section of the ind as 32, it says that the standard applies to classification of financial instruments from the point of view of issuer into financial asset , liability or equity. want to know whats the logic of saying from the perspective of issuer.
Menu
Ind as 32
Replies (1)
As per IND As 32 for issuer, it is to be decide, weather financial instrument is Equity or Liability, for example A Ltd issue equity shares to C Ltd , now it's A Ltd has to decide it's Equity Instrument or Liability, So it is Equity Instrument as per issuer. IND As 32 applies to two or more parties, who are having an Contract in writing , enforceable by Law .
Recent Topics :
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
Related Topics :
CAclubindia
