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October 23, 2024

Disclaimer of Opinion Doesn’t Exempt Auditors from Fraud Reporting Under Section 143(12) | NFRA

The National Financial Reporting Authority … Continue reading “Disclaimer of Opinion Doesn’t Exempt Auditors from Fraud Reporting Under Section 143(12) | NFRA”

Blog, News, Account & Audit

October 21, 2024

Government Grant Accounting | Differentiating Depreciable and Non-Depreciable Assets in Cavern Construction

This case study outlines the … Continue reading “Government Grant Accounting | Differentiating Depreciable and Non-Depreciable Assets in Cavern Construction”

Blog, News, Account & Audit

October 19, 2024

Understanding Financial Guarantees | Parent to Subsidiary Accounting Explained

A financial guarantee provided by … Continue reading “Understanding Financial Guarantees | Parent to Subsidiary Accounting Explained”

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October 18, 2024

[Global Financial Insights] FRC Releases New Insights From Sustainability Assurance Market Research and More

This week’s edition of “Global … Continue reading “[Global Financial Insights] FRC Releases New Insights From Sustainability Assurance Market Research and More”

Blog, News, Account & Audit

October 17, 2024

Accounting of Government Grants in Business Reorganizations

This document explores the accounting … Continue reading “Accounting of Government Grants in Business Reorganizations”

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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”

News, Blog, 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”

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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”