Ind as - query regarding effective interest rate of loan
This query is : Resolved
18 March 2016
Hi,
Please suggest me likely treatment under Ind AS for amortization cost method of Loans with the below example -
1. Entity A taken loan of Rs. 1000 mn on 15 Sep 2010
Loan processing fee charged by bank Rs. 25 mn
Tenure 13 years. Repayable in 10 equal installments starting 15 Jun 2013
Interest rate @ 12.5% p.a. payable half yearly
If you could provide the solution on excel along with calculations, that will be of great help
Thanks,
Sandeep
Please suggest me likely treatment under Ind AS for amortization cost method of Loans with the below example -
1. Entity A taken loan of Rs. 1000 mn on 15 Sep 2010
Loan processing fee charged by bank Rs. 25 mn
Tenure 13 years. Repayable in 10 equal installments starting 15 Jun 2013
Interest rate @ 12.5% p.a. payable half yearly
If you could provide the solution on excel along with calculations, that will be of great help
Thanks,
Sandeep
22 March 2016
there is no expert for IFRS / IND AS?
01 August 2024
https://docs.google.com/document/d/14miq4k3eG06rTAhhrk5t6YYgLW7xx-UxQAjBRiJYLBg/edit?usp=sharing
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