De-mystifying accounting and reportig treatment for NPSs

IYER, RAVINARAYANAN

De-mystifying accounting and reportig treatment for NPSs - 2013 - 78-81

Accounting treatment and reporting of non-performing assets (NPAs) with regard to Forex & Derivative deals for banks in India has been an area which lacks a transparent and Uniform industry practice. This article is a humble effort to provide guidance to fellow members both in the industry as well as practice and general public at large on a conservative manner in which this can be done.

ACCOUNTING

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