The Standard Stance
Volume 38

The Accounting Advisory Services (AAS) team at BDO India is pleased to share 'THE STANDARD STANCE' - An expert insight into key accounting matters. Each monthly issue of the publication spotlights and discusses a key accounting matter noteworthy for organisations to stay ahead in their business journeys.

This issue of The Standard Stance - THE IMPACT OF AMENDMENTS RULES, 2026 ON IND AS 109 “FINANCIAL INSTRUMENTS”- examines the key changes introduced and their implications on financial reporting.

The Ministry of Corporate Affairs notified the Companies (Indian Accounting Standards) Amendment Rules, 2026 on 12 August 2026, bringing significant amendments to Ind AS 109, Financial Instruments, and related amendments to Ind AS 107, Financial Instruments: Disclosures, among other standards. The amendments seek to address practical application challenges and align Indian Accounting Standards with corresponding IFRS amendments.

This issue of The Standard Stance covers key changes to the derecognition of financial liabilities settled through electronic payment systems, assessment of contractual cash flows with contingent features including ESG-linked terms, and hedge accounting for nature-dependent electricity contracts. It also highlights changes relating to trade receivables, lease liabilities, disclosures and other annual improvements, along with key considerations for entities in implementing the amendments.

For a detailed understanding

Download
 

THE STANDARD STANCE: Key Accounting and Other Considerations Around the PLI Scheme Under Ind AS 20

THE STANDARD STANCE Navigating Accounting Considerations for Business Combinations Under Common Control 

THE STANDARD STANCE Counting the Cost of Clean Air: How India’s Vehicle Scrappage Policy Affects Corporate Financial Reporting