Developing the comprehensive accounting for the derivatives has become a challenge for all the accounting bodies around the world. In India government has taken several initiatives to bring Agri- Commodity derivatives trading into main stream, so that it can solve the problems such as price...

IFRS 7 and 9 have requirement, for recognition, measurement and disclosure of derivatives. Derivatives include futures and options for hedging foreign currency risks, interest rate risk, price risk etc. Derivatives include financial and commodity derivatives, commodity derivatives are of recent...