Effective Interest Rate (EIR) - Concept and its application under IFRS 9/Ind AS 109

Welcome to 'Raise Your Acumen'

The intention of this channel is to create short and informative videos that are easy to consume.

In this video, I have explained the EIR Concept and its application under IFRS 9/ Ind AS 109 in a simplified manner.

Please drop in your suggestions. reviews. requests etc. in the comment box below.

[amishar]

Nicely explained. You should do more of these videos. Is EIR required to be calculated if the company has a Fixed Deposit with banks for 6 months under Ind AS 109?

[mamathamammu]

Hi how he got that effective interest rate of 6.44%

[srishtishetty]

Concise and informative ! Though I'd recommend to reduce the speed a little bit.

[SandeepJaiswal-cmfe]

Please off the background music.. its distracting

[ndna]

Hi. When I recalculate the interest for 2025 using the EIR, I get £635, 500.54 and not £635, 190.68

[sourabhsinghai]

This is good but it was to early and facts was not understand easily

[bhaveshcafinalist]

EIR calculator me keise.... Calculate karte he

[roohitlal]

Hi, I am having difficulty learning this topic. Is there any way I could get your email? Thanks

[himanshudhingra]

Wow.very informative and simplified way

[muthathalkuppan]

Nice video sir! Can we find out EIR without using excel?
If so, how to compute?