Account & Audit

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September 25, 2023

ICAI Seeks Suggestions for Pre-Budget Memorandum – 2024

The Direct Tax Committee of … Continue reading “ICAI Seeks Suggestions for Pre-Budget Memorandum – 2024”

Blog, News, Account & Audit

September 25, 2023

Accounting of Significant Financing Component Under Ind AS 115 When Customer Pays at a Later Date

Para 61 of Ind AS … Continue reading “Accounting of Significant Financing Component Under Ind AS 115 When Customer Pays at a Later Date”

News, Blog, Account & Audit

September 22, 2023

[Opinion] Procure To Pay | “Role of An In-House Auditor”

1. Overview & Context Procure-to-Pay … Continue reading “[Opinion] Procure To Pay | “Role of An In-House Auditor””

Blog, Account & Audit

September 21, 2023

Overview of Key Requirements in Exposure Drafts of SA 220 and SA 315

Table of Contents Introduction Exposure … Continue reading “Overview of Key Requirements in Exposure Drafts of SA 220 and SA 315”

Blog, Account & Audit

September 21, 2023

Required Additional Comments by the Tax Auditor in Para 3 of Form 3CA and Para 5 of Form 3CB

Para 13.1 of 2022 GN … Continue reading “Required Additional Comments by the Tax Auditor in Para 3 of Form 3CA and Para 5 of Form 3CB”

Blog, News, Account & Audit

September 20, 2023

Role of Statutory Auditors Highlighted in SEBI Interim Order Related to Structured Rotation of Funds

The interim order by SEBI … Continue reading “Role of Statutory Auditors Highlighted in SEBI Interim Order Related to Structured Rotation of Funds”

Blog, Account & Audit

September 19, 2023

Precautions to be Taken by Tax Auditor in Certifying Clauses 34 to 44 of Form 3CD for Companies

Failure to provide accurate information … Continue reading “Precautions to be Taken by Tax Auditor in Certifying Clauses 34 to 44 of Form 3CD for Companies”

News, Blog, Account & Audit

July 18, 2024

Accounting for Coupon Redeemable for Free Products from a 3rd Party Under Ind AS 115

In certain contractual arrangements involving … Continue reading “Accounting for Coupon Redeemable for Free Products from a 3rd Party Under Ind AS 115”

Blog, Account & Audit

September 18, 2023

Precautions to be Taken by Tax Auditors in Certifying Clauses 14 to 20 of Form 3CD for Companies

In case of furnishing incorrect … Continue reading “Precautions to be Taken by Tax Auditors in Certifying Clauses 14 to 20 of Form 3CD for Companies”

Blog, Account & Audit, Income Tax

September 16, 2023

Tax Audit | How to Calculate the Turnover in the Case of Derivatives?

The Income-tax Act does not … Continue reading “Tax Audit | How to Calculate the Turnover in the Case of Derivatives?”