This document outlines the objective and scope of Indian Accounting Standard 107 on financial instruments disclosures. The objective is to require entities to provide disclosures that enable users to evaluate the significance of financial instruments for the entity's financial position and performance, and the nature and extent of risks from financial instruments. The standard complements recognition and measurement principles in other Indian Accounting Standards for financial assets and liabilities. It applies to all types of financial instruments except some interests in subsidiaries/associates, employee benefits, insurance contracts, and share-based payments. The standard requires disclosures by class of financial instrument, including carrying amounts of financial assets and liabilities in categories defined in Ind AS 39.