NISM Series IV: Currency Derivatives Certification Exam Notes

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  • Accounting Guidelines: Define treatment of ETIRD transactions.
  • Disclosure Requirements: Ensure transparency in financial statements.
  • Taxation of ETIRDs: Governed by Income Tax Act provisions.
  • Derivative Accounting: Records gains/losses based on contract type.
  • Fair Value Accounting: Applies to derivative instruments.

NISM Interest Rate Derivatives

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