Account & Audit

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August 17, 2024

Tax Audit Checklist on Clause 22 of Form 3CD under the Income Tax Act, 1961

Under clause 22 of Form … Continue reading “Tax Audit Checklist on Clause 22 of Form 3CD under the Income Tax Act, 1961”

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August 14, 2024

CRAC Financial Reporting | Considerations for Standalone and Consolidated Statements

ABC Corporation is a life … Continue reading “CRAC Financial Reporting | Considerations for Standalone and Consolidated Statements”

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August 10, 2024

Revenue Recognition and Contracts with Customers under Ind AS 115 – Objective | Scope | Recognition

Ind AS 115, Revenue from … Continue reading “Revenue Recognition and Contracts with Customers under Ind AS 115 – Objective | Scope | Recognition”

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January 16, 2025

[Global Financial Insights] FRC Proposes Revised Guidance on Going Concern and Related Reporting and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] FRC Proposes Revised Guidance on Going Concern and Related Reporting and More”

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August 7, 2024

Tax Audit Checklist on Clause 20 of Form 3CD Under Income Tax Act, 1961

The clause 20 of Form … Continue reading “Tax Audit Checklist on Clause 20 of Form 3CD Under Income Tax Act, 1961”

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August 6, 2024

Residual Value Dilemmas | PPE Disposal Cost Exceeding the Recoverable Amount

ABC Limited (hereinafter referred to … Continue reading “Residual Value Dilemmas | PPE Disposal Cost Exceeding the Recoverable Amount”

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August 5, 2024

ICAI Invites Public Comments on Recent IASB Exposure Drafts

IASB is an independent, private-sector … Continue reading “ICAI Invites Public Comments on Recent IASB Exposure Drafts”

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August 2, 2024

[Analysis] Resolving Non-Compliance Issues in SA 700 | Key Observations and AASB Guidelines

SA 700, or ‘Forming an … Continue reading “[Analysis] Resolving Non-Compliance Issues in SA 700 | Key Observations and AASB Guidelines”

Blog, News, Account & Audit

August 2, 2024

[Global Financial Insights] IASB Proposes Amendments for IAS 21 With Respect to Hyperinflationary Economy and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] IASB Proposes Amendments for IAS 21 With Respect to Hyperinflationary Economy and More”

News, Blog, Account & Audit

July 31, 2024

Tax Audit Checklist on Clause 19 of Form 3CD Under the Income Tax Act, 1961

The assessee can claim deduction … Continue reading “Tax Audit Checklist on Clause 19 of Form 3CD Under the Income Tax Act, 1961”