Finance Professional Interview Questions and Answers

IFRS and Ind AS have different standards for financial instruments.

• IFRS recognizes financial instruments as either financial assets or financial liabilities, while Ind AS recognizes them as either financial assets, financial liabilities, or equity instruments.

• IFRS requires fair value measurement for all financial instruments, while Ind AS allows for amortized cost measurement for certain financial instruments.

• IFRS has specific rules for hedge accounting, while Ind AS allows f...read more

Investment banking is a financial service that helps companies and governments raise capital by underwriting and selling securities.

• Investment banks act as intermediaries between issuers and investors

• They provide advice on mergers and acquisitions, and help companies go public

• Investment banking services include underwriting, trading, research, and asset management

• Examples of investment banks include Goldman Sachs, JPMorgan Chase, and Morgan Stanley