Guide to Hedge Accounting under Ind AS 109/IFRS 9

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– Qasim Saif | Manager | finserv@vinodkothari.com

Accounting of Hedge

Entities are exposed to financial risks arising from many aspects of their business. The nature of the risks varies with the nature of the business activities carried on by the business entities, for example, some entities might be concerned about exchange rates or interest rates, while others might be concerned about commodity prices. Entities implement different risk management strategies to eliminate or reduce their risk exposures.

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FAQs on Securitisation of Standard Assets

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On September 24, 2021, the RBI released Master Direction – Reserve Bank of India Securitisation of Standard Assets) Directions, 2021. The same has been released after almost 15 months of the comment period on the draft framework issued on June 08, 2020. This culminates the process that started with Dr. Harsh Vardhan committee report in 2019.

It is said that capital markets are fast changing, and regulations aim to capture a dynamic market which quite often leads the regulation than follow it. However, the just-repealed Guidelines continued to shape and support the securitisation market in the country for a good 15 years, with the 2012 supplements mainly incorporating the response to the Global Financial Crisis. Read more →

Master Direction on presentation and disclosures in financial statements

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– Parth Ved, Executive | parth@vinodkothari.com

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ICAI on its path to convergence with IFRS

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-Neha Gupta | finserv@vinodkothari.com

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