📘 Compound Financial Instruments under IFRS 9 & Ind AS 109

1. 🌐 Definition A compound financial instrument (CFI) is a single contract that contains both: 👉 Classic example: Convertible bonds/debentures 2. 🏗️ Initial Recognition Both IFRS 9 and Ind AS 109 require split accounting: 3. 📊 Subsequent Measurement 4. 🧮 Numerical Example – Convertible Bond i. Terms ii. Initial Recognition iii. Journal Entry: iv. Subsequent Recognition (Effective Interest Method) v. […]