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June 14, 2023

Classification of Changes to the Inventory of Scrap under the Statement of P&L as per Schedule III

A company engaged in manufacturing … Continue reading “Classification of Changes to the Inventory of Scrap under the Statement of P&L as per Schedule III”

Blog, News, Account & Audit

June 13, 2023

Ind AS Schedule III Checklist | Presentation & Disclosure of Current & Contingent Liabilities in the Financial Statements

The accurate presentation and disclosure … Continue reading “Ind AS Schedule III Checklist | Presentation & Disclosure of Current & Contingent Liabilities in the Financial Statements”

Blog, News, Account & Audit

June 12, 2023

Accounting Treatment of Internally Generated Utilities Consumed During Trial Run under Ind AS 16

A company is in the … Continue reading “Accounting Treatment of Internally Generated Utilities Consumed During Trial Run under Ind AS 16”

Blog, News, Account & Audit

June 9, 2023

[Opinion] Exploring the Two Pillars of the Social Eco-system | Social Entity & Social Stock Exchange

“It is time to take … Continue reading “[Opinion] Exploring the Two Pillars of the Social Eco-system | Social Entity & Social Stock Exchange”

Blog, News, Account & Audit

June 7, 2023

[Illustrative Checklist] for Verification of Capital to be Followed by the Auditor | Part-1

Verification of capital is an … Continue reading “[Illustrative Checklist] for Verification of Capital to be Followed by the Auditor | Part-1”

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June 6, 2023

FAQ on SA 560 – Subsequent Events | Part 1

SA 560 deals with the … Continue reading “FAQ on SA 560 – Subsequent Events | Part 1”

Blog, Account & Audit

June 5, 2023

A Comprehensive Guide to Ind AS 2 | Inventories

Table of Contents Objective Scope … Continue reading “A Comprehensive Guide to Ind AS 2 | Inventories”

Blog, Account & Audit

September 12, 2023

A Comprehensive Guide to Assessing Material Misstatement Risks

Table of Contents Introduction Reasonable … Continue reading “A Comprehensive Guide to Assessing Material Misstatement Risks”

Blog, News, Account & Audit

June 2, 2023

Ind AS Schedule III Checklist | Presentation & Disclosure of Non-Current Liabilities in the Financial Statements

Non-current liabilities play a vital … Continue reading “Ind AS Schedule III Checklist | Presentation & Disclosure of Non-Current Liabilities in the Financial Statements”

News, Blog, Account & Audit

June 1, 2023

FRRB Observations | Key Non-compliances Observed in the Financial Statements of Banks

The Financial Reporting Review Board … Continue reading “FRRB Observations | Key Non-compliances Observed in the Financial Statements of Banks”