Account & Audit

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December 23, 2024

NFRA Issues Inspection Reports on 2 Audit Firms, Highlights Deficiencies and Recommends Enhanced Compliance and Quality Control

The National Financial Reporting Authority … Continue reading “NFRA Issues Inspection Reports on 2 Audit Firms, Highlights Deficiencies and Recommends Enhanced Compliance and Quality Control”

Blog, News, Account & Audit

December 22, 2024

Evaluating the Impact of a Uniform Residual Value Approach for Pipelines on Ind AS 16 Requirements

This document addresses the accounting … Continue reading “Evaluating the Impact of a Uniform Residual Value Approach for Pipelines on Ind AS 16 Requirements”

Blog, News, Account & Audit

December 20, 2024

[Global Financial Insights] IASB Amends IFRS for Nature-Dependent Contracts and More

Editorial Team – [2024] 169 … Continue reading “[Global Financial Insights] IASB Amends IFRS for Nature-Dependent Contracts and More”

News, Blog, Account & Audit

December 18, 2024

Accounting Treatment for Revenue Recognition for Sales With and Without Return Policies Under Ind AS Framework

Ind AS 115 provides detailed … Continue reading “Accounting Treatment for Revenue Recognition for Sales With and Without Return Policies Under Ind AS Framework”

Blog, News, Account & Audit

December 16, 2024

[Opinion] Decoding the Asset Ceiling in Ind AS 19 | Ensuring Accurate Financial Reporting

CA Siddharth Patel – [2024] … Continue reading “[Opinion] Decoding the Asset Ceiling in Ind AS 19 | Ensuring Accurate Financial Reporting”

Blog, News, Account & Audit

December 13, 2024

[Global Financial Insights] IASB Finalizes Revised Management Commentary and More

This week’s Global Financial Insights … Continue reading “[Global Financial Insights] IASB Finalizes Revised Management Commentary and More”

Blog, News, Account & Audit

December 12, 2024

Clarification on Revenue Recognition Methods and Cost Recognition Under Ind AS 115 for Shipbuilding Contracts

This story provides a detailed … Continue reading “Clarification on Revenue Recognition Methods and Cost Recognition Under Ind AS 115 for Shipbuilding Contracts”

Blog, News, Account & Audit

December 10, 2024

Accounting Treatment of the Development of Accounting Software Under Ind AS Framework

An intangible asset shall be … Continue reading “Accounting Treatment of the Development of Accounting Software Under Ind AS Framework”

Blog, News, Account & Audit

December 7, 2024

[Opinion] COP29 – Deliverables in Terms of Climate Goals

CMA(Dr.) Ashish P. Thatte, CMA … Continue reading “[Opinion] COP29 – Deliverables in Terms of Climate Goals”

Blog, News, Account & Audit

December 6, 2024

[Global Financial Insights] IFRIC Update – November 2024 Summary and more

This week’s Global Financial Insights … Continue reading “[Global Financial Insights] IFRIC Update – November 2024 Summary and more”