Mind The GAAP4: Financial Instruments (1)

Equity shares with ‘put options’ are debt. Redeemable preference shares are debt. And compulsorily convertible debentures are equity. The new Indian Accounting Standard on Financial Instruments could change how Corporate India raises and invests money! On this episode of Mind The GAAP, CNBC TV18’s Menaka Doshi discusses Financial Instruments - for fundraising and investments, with Jamil Khatri, Head – Audit, KPMG & Sandip Khetan, Partner, EY and Member, ICAI Committee on IND-AS.