Product details

The CFO of Motley Ltd needs to recognize the Financial Instruments using the new Indian Accounting Standards. The Financial Assets of the company includes receivables, debt and derivatives (used both for investments as well as hedging). The CFO is not sure of the impact the new standards would have on the financial statements of the current period. The case would clearly bring out the method of recognition as per new standards, the differences between the recognition as per the new standards in comparison to the old and the effect the new standards would have on the current period statements. It would also discuss the use of fair value hedge and cash flow hedge while recognizing any derivative hedging transactions undertaken by the company.