Account & Audit

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March 6, 2024

[FAQs] on Overview of Reporting in Accounting

Table of Contents Financial Reporting … Continue reading “[FAQs] on Overview of Reporting in Accounting”

News, Blog, Account & Audit

March 20, 2023

Reporting under CARO – Significant Observations by FRRB of ICAI

The Financial Reporting Review Board … Continue reading “Reporting under CARO – Significant Observations by FRRB of ICAI”

Blog, News, Account & Audit

March 18, 2023

Bank Audit | ICAI has issued Guidance Note on Audit of Banks | 2023 Edition

The statutory audit of banks … Continue reading “Bank Audit | ICAI has issued Guidance Note on Audit of Banks | 2023 Edition”

Blog, News, Account & Audit

March 17, 2023

[Illustrative Checklist] Disclosure Requirements under AS 20 | Earnings Per Share

The objective of AS 20, … Continue reading “[Illustrative Checklist] Disclosure Requirements under AS 20 | Earnings Per Share”

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March 16, 2023

Accounting Treatment for Acquisition and Borrowing Costs of Exploratory Wells

A company has acquired the … Continue reading “Accounting Treatment for Acquisition and Borrowing Costs of Exploratory Wells”

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March 15, 2023

Specific Documentation Requirements in Various Standards on Auditing (SAs)

The Standards on Auditing (SAs) … Continue reading “Specific Documentation Requirements in Various Standards on Auditing (SAs)”

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March 14, 2023

[Illustrative List] Digital Information from External Source used in Audit of Profit & Loss

Standards on Auditing (SAs) require … Continue reading “[Illustrative List] Digital Information from External Source used in Audit of Profit & Loss”

Blog, Account & Audit

March 20, 2023

[FAQs] Audit of Banks – Banking Operations, NPA Identification & Priority Sector Lending

Table of Contents 1. Banking … Continue reading “[FAQs] Audit of Banks – Banking Operations, NPA Identification & Priority Sector Lending”

News, Blog, Account & Audit

March 13, 2023

Determining the Classification of a Land Lease as a Finance or Operating Lease

A Corporation acquires land and … Continue reading “Determining the Classification of a Land Lease as a Finance or Operating Lease”

Blog, News, Account & Audit

March 10, 2023

[FAQs] on SA 230 | Audit Documentation | Part-2

Audit documentation is considered the … Continue reading “[FAQs] on SA 230 | Audit Documentation | Part-2”