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Shares Lending and Borrowing
whether Shares under stock lending mechanism to be valued on valuation date and Profit or Loss on same to be provided in Books of Accounts
Replies (3)
Quick Summary
Yes. That is what IndAS reporting is about. Report everything either at NBV or revaluation method annually. FVTPL gain or loss is reported annually. Despite company policy to revalue some assets every two years, the fair value changes of the investment should be reported on the closing date.
https://www.caclubindia.com/forum/accounting-for-lending-amp-borrowing-of-securities-45384.asp
here the treatment is straightforward, but if the recognition or derecognition of your investment after lending is not published completely. However, valuations are annual and stock treatment on the balance sheet is not prescribed.
Thank You
i have borrowed shares and in financials it is under Short Term borrowings as it is my obligation
we are following AS
so need to value shares under obligation
i have borrowed shares and in financials it is under Short Term borrowings as it is my obligation
we are following AS
so need to value shares under obligation
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