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March 28, 2024

[Opinion] External Confirmations Along with SA 505 Checklist

Srinivasan Anand G. – [2024] … Continue reading “[Opinion] External Confirmations Along with SA 505 Checklist”

Blog, News, Account & Audit

March 23, 2024

Treatment of Events Occurring After the Interim Financial Reporting But Before the Date of Board’s Approval

A company is preparing its … Continue reading “Treatment of Events Occurring After the Interim Financial Reporting But Before the Date of Board’s Approval”

Blog, News, Account & Audit

March 21, 2024

Measurement and Disclosure Requirements Related to Investment Property

Investment property is a property … Continue reading “Measurement and Disclosure Requirements Related to Investment Property”

Blog, News, Account & Audit

March 25, 2024

Treatment of Cost of Building Purchased for Housing Workers Engaged in Construction of Plant

A company has decided to … Continue reading “Treatment of Cost of Building Purchased for Housing Workers Engaged in Construction of Plant”

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March 19, 2024

ICAI Granted Grace Period for the Peer Review Mandate Under Phase II and III

The Institute of Chartered Accountants … Continue reading “ICAI Granted Grace Period for the Peer Review Mandate Under Phase II and III”

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March 19, 2024

ICAI Issues Exposure Draft on Business Combination – Disclosures, Goodwill, and Impairment

International Accounting Standards Board (IASB) … Continue reading “ICAI Issues Exposure Draft on Business Combination – Disclosures, Goodwill, and Impairment”

Blog, News, Account & Audit

March 16, 2024

Treatment of Reclassification Error of Liabilities in the Current Year’s Financial Statements Under AS

A company has classified some … Continue reading “Treatment of Reclassification Error of Liabilities in the Current Year’s Financial Statements Under AS”

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March 15, 2024

ICAI issues Educational Material on Ind AS 12, Income Taxes

ICAI has issued new material … Continue reading “ICAI issues Educational Material on Ind AS 12, Income Taxes”

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March 14, 2024

Restatement of Financial Statements Due to Reclassification of Liabilities

The management of the company … Continue reading “Restatement of Financial Statements Due to Reclassification of Liabilities”

Blog, Account & Audit

March 13, 2024

NFRA Financial Quality Review Reports – Kudremukh Iron Ore Company Ltd. | ISGEC Heavy Engineering Ltd.

Table of Contents Background Kudremukh … Continue reading “NFRA Financial Quality Review Reports – Kudremukh Iron Ore Company Ltd. | ISGEC Heavy Engineering Ltd.”