Account & Audit

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December 28, 2023

Measurement of Investment Where the Dividend is Declared With a Future Record Date

Ind AS 109, Financial Instruments, … Continue reading “Measurement of Investment Where the Dividend is Declared With a Future Record Date”

Blog, News, Account & Audit

December 27, 2023

[Opinion] Automated Tools in Audit

CA Arpit Gokhroo & Suruchi … Continue reading “[Opinion] Automated Tools in Audit”

Blog, News, Account & Audit

December 26, 2023

Could NFRA Exercises Jurisdiction Beyond Seven Years From the Date of the Auditor’s Report?

Based on information received from … Continue reading “Could NFRA Exercises Jurisdiction Beyond Seven Years From the Date of the Auditor’s Report?”

Blog, News, Account & Audit

December 23, 2023

Determination and Impact of Normal Capacity on Stock Valuation

CA Bharat Sonkhiya, CA Nitin … Continue reading “Determination and Impact of Normal Capacity on Stock Valuation”

Blog, News, Account & Audit

December 22, 2023

Classification of Advance Paid for Land as ‘Land Inventory’ or ‘Advance’ When Neither Possession Nor Sale Deed Executed

A company engaged in the … Continue reading “Classification of Advance Paid for Land as ‘Land Inventory’ or ‘Advance’ When Neither Possession Nor Sale Deed Executed”

Blog, News, Account & Audit

December 21, 2023

Recognition of Leased Project Assets in Accordance with Ind AS 116

Under Ind AS 116, an … Continue reading “Recognition of Leased Project Assets in Accordance with Ind AS 116”

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December 20, 2023

ICAI Releases Exposure Draft on Consequential Provisions for Non-compliance With CPE Hours From 2024 Onward

The Institute of Chartered Accountants … Continue reading “ICAI Releases Exposure Draft on Consequential Provisions for Non-compliance With CPE Hours From 2024 Onward”

News, Blog, Account & Audit

December 18, 2023

Accounting of the Waiver of Loan from the Government

When a government entity forgives … Continue reading “Accounting of the Waiver of Loan from the Government”

Blog, News, Account & Audit

December 15, 2023

NFRA Brought Clarity on Its Jurisdiction & Lapses in EQCR Partner Workings in Its Order

NFRA in its order dated … Continue reading “NFRA Brought Clarity on Its Jurisdiction & Lapses in EQCR Partner Workings in Its Order”

Blog, News, Account & Audit

December 14, 2023

Classification and Accounting Treatment of Export Incentive Received on Export of Goods

After getting the export order … Continue reading “Classification and Accounting Treatment of Export Incentive Received on Export of Goods”