Ind AS 107 deals with disclosures about
Afinancial instrument risks
Blease classification
Cinventory valuation
Drevenue from customers
Answer & Solution
Correct answer: A. financial instrument risks
Ind AS 107 requires disclosures on financial instruments and the risks they carry.
Keep practising Accounting Concepts
Browse all Accounting Concepts questions for CA Foundation, or explore more Accounting topics.
Related questions
Forensic accounting engagements arise fromFinancial statements published after the period ends are mainlyManagement accounting also covers future-oriented items such asWhich audit firm was dissolved after the Enron scandal?The Sarbanes-Oxley Act of 2002 followed the admissions of fraud atPreventing and detecting fraud is primarily the duty ofAn intentional misstatement in accounting records involving deception isWhich accounting field aims to give an independent opinion on financial statements?