Account & Audit

Blog, News, Account & Audit

October 16, 2024

ICAI Issues New Standards on Quality Management | SQM 1 and SQM 2 for Audits and Assurance Engagements

The Auditing and Assurance Standards … Continue reading “ICAI Issues New Standards on Quality Management | SQM 1 and SQM 2 for Audits and Assurance Engagements”

Blog, News, Account & Audit

October 15, 2024

Accounting for Decommissioning and Restoration Costs Identified During an Asset’s Useful Life

Any subsequent costs incurred for … Continue reading “Accounting for Decommissioning and Restoration Costs Identified During an Asset’s Useful Life”

News, Blog, Account & Audit

October 14, 2024

[Global Financial Insights] FRC Releases Updated Actuarial Guidance on AI and Machine Learning Integration

Global Financial Insights is a … Continue reading “[Global Financial Insights] FRC Releases Updated Actuarial Guidance on AI and Machine Learning Integration”

Blog, News, Account & Audit

October 9, 2024

Accounting Treatment of Shareholder Loans for Joint Ventures Under Ind AS Framework

When the entity has a … Continue reading “Accounting Treatment of Shareholder Loans for Joint Ventures Under Ind AS Framework”

Blog, News, Account & Audit

October 8, 2024

Classifying Real Estate Property | Inventory vs. Investment Property

This story addresses the classification … Continue reading “Classifying Real Estate Property | Inventory vs. Investment Property”

Blog, Account & Audit

October 7, 2024

[FAQs] on Due Diligence, Investigation & Forensic Accounting – Procedure | Differences

Due diligence refers to the … Continue reading “[FAQs] on Due Diligence, Investigation & Forensic Accounting – Procedure | Differences”

News, Blog, Account & Audit

October 6, 2024

Accounting Treatment of Tariff Subsidies and Government Grants Receivable Under UDAY and Related Schemes

Grants and subsidies under schemes … Continue reading “Accounting Treatment of Tariff Subsidies and Government Grants Receivable Under UDAY and Related Schemes”

Blog, Account & Audit

October 4, 2024

Understanding Income Statement Components – A Guide to Trading | Profit and Loss | Appropriation Accounts

Income statement components refer to … Continue reading “Understanding Income Statement Components – A Guide to Trading | Profit and Loss | Appropriation Accounts”

Blog, Advisory, Account & Audit

October 6, 2024

[Analysis] Strengthening Corporate Governance – The Role of Internal Audit & Internal Controls

Internal Audit is an independent, … Continue reading “[Analysis] Strengthening Corporate Governance – The Role of Internal Audit & Internal Controls”

Blog, News, Account & Audit

October 4, 2024

[Global Financial Insights] World Bank Group and IFRS Foundation Partner to Advance ISSB Standards in Emerging Markets and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] World Bank Group and IFRS Foundation Partner to Advance ISSB Standards in Emerging Markets and More”