Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: form 3cd :: list of goods taxed at 4% :: TDS :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: cpt :: articles on VAT and GST in India :: ACCOUNTING STANDARDS
 
 
ICAI »
 Exposure Draft of Appendix B of Ind AS 21, Foreign Currency Transactions and Advance Consideration
 Exposure Draft of Transfers of Investment Property, Amendments to Ind AS 40, Investment Property
 Next batch of the Certificate Course on Valuation at Delhi/Noida from 22nd April, 2017.
 Supplementary Notification of Common Proficiency Test scheduled to be held on 18th June, 2017 (Sunday).
 Regarding Inviting application by MCA for filling of 12 posts of Technical Member in National Company Law Tribunal under Section 408 of the Companies Act, 2013
  Certificate Course on Forex and Treasury Management - forthcoming batches at Mumbai, Chennai & Noida.
 Constitution of Group for formulating the Detailed Action Plan - Ministry of Corporate Affairs
 CPE Events 20th March - 25th March 2017
 Invitation for contributions to Question Bank in respect of Information System Audit-(Assessment Test (ISA-AT) (New Syllabus)
 Reconstitution of Group for Rohini Land at Delhi
 Group to review the Terms of Reference of Infrastructure Development Committee

Discussion Paper on Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging (Last date for sending comment: August 29, 2014)
July, 04th 2014

This Discussion Paper (DP) outlines a possible approach to accounting for an entity’s dynamic risk management activities. The approach is the portfolio revaluation approach (PRA), which aims to better reflect dynamic risk management in an entity’s financial statements. Risk management is a common activity that is applied by many if not most entities. In some circumstances, these activities are highly formalised and may be subject to regulatory oversight. In other circumstances, these activities may be informal or ad hoc. Risk management is complex and developing an accounting approach to reflect the underlying economics of such activities that is operationally feasible and that provides information that is useful to users of financial statements has been challenging.

In order to determine the next steps in the accounting for dynamic risk management the IASB has issued this DP. This will enable the IASB to obtain more information to understand the costs and benefits of the PRA including whether, and the extent to which, the risk management perspective can and should be reflected in the financial statements. The IASB is particularly interested in whether the information provided by the PRA would be useful to users of financial statements, whether the PRA faithfully represents the dynamic risk management perspective in the view of preparers and to understand the operational effects of the PRA. The feedback from this DP will help the IASB determine the next steps in the accounting for dynamic risk management. 

Invitation to comment 

ASB invites comments on the Exposure Draft from the public. The downloadable version of the draft is available at: 

http://www.ifrs.org/Current-Projects/IASB-Projects/Financial-Instruments-A-Replacement-of-IAS-39-Financial-Instruments-Recognitio/Phase-III-Macro-hedge-accounting/DP-April-2014/Documents/Discussion-Paper-Accounting-for-Dynamic-Risk-Management-April-2014.pdf 

Comments would be most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide a suggestion for alternative wording. 

Comments should be submitted in writing to the Secretary, Accounting Standards Board, The Institute of Chartered Accountants of India, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi-110002, so as to be received not later than August 29, 2014. Comments can be sent by e-mail at commentsasb@icai.in.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multimedia Presentations Multimedia Solutions 3D Solutions Corporate Presentations Business Presentations Multimedia Presentation India M

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions