"Hi, I am a Chartered Accountant qualified in May 2016 and working in Statutory Audit profile from last 3 years. Currently I am in Mazars India working as a senior executive in Statutory Audit. Previously worked with S.S. Kothari Mehta & Co. and have audited a variety of clients in both manufacturing & service industry including sugar, automobile and electrical appliances. I am well versed in practical application of IND AS."
An entity shall classify financial assets as subsequently measured at amortized cost, fair value through other comprehensive income or fair value through profit & loss on the basis of both: (a) The entity’s business model* for managing the financial assets and (b) The contractual cash flow** characteristics of the financial asset. *An entity’s business model […]
