Mind The GAAP on Financial Instruments-(1)

Equity shares with put options are debt, reedemable preference shares are debt and compulsorily convertible debentures are equity. The new accounting standard could change how corporate India raises money. In this episode of Mind The GAAP, Menaka Doshi of CNBC TV18, discusses financial instruments with Jamil Khatri, Head - Audit, KPMG in India and Sandip Khetan, Partner, EY.

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Is too hard understand this type of English!