Account & Audit

Blog, Account & Audit

September 11, 2024

[Analysis] Evolution of Sustainability Reporting in India – Understanding the Impact and Implications

The BRSR (Business Responsibility and … Continue reading “[Analysis] Evolution of Sustainability Reporting in India – Understanding the Impact and Implications”

Blog, News, Account & Audit

September 11, 2024

MCA Issues Companies (Indian Accounting Standards) Second Amendment Rules, 2024, Revising Ind AS 116

The Ministry of Corporate Affairs … Continue reading “MCA Issues Companies (Indian Accounting Standards) Second Amendment Rules, 2024, Revising Ind AS 116”

Blog, News, Account & Audit

September 11, 2024

NFRA Imposes Penalty on Auditor for Negligence in Audit of Financial Statements

In pursuant to the information … Continue reading “NFRA Imposes Penalty on Auditor for Negligence in Audit of Financial Statements”

Blog, News, Account & Audit

September 10, 2024

Chartered Accountant Faces Dual Sanctions From NFRA Over Same Company Audit

1. Introduction The Chartered Accountant … Continue reading “Chartered Accountant Faces Dual Sanctions From NFRA Over Same Company Audit”

Blog, News, Account & Audit

September 7, 2024

Tax Audit Checklist on Clause 27 of Form 3CD under the Income Tax Act, 1961

Tax audit plays a vital … Continue reading “Tax Audit Checklist on Clause 27 of Form 3CD under the Income Tax Act, 1961”

News, Blog, Account & Audit

September 6, 2024

[Global Financial Insights] IAASB Invites Stakeholder’s Comment on the Proposed Update to IFRS Accounting Taxonomy 2024

Global Financial Insights is a … Continue reading “[Global Financial Insights] IAASB Invites Stakeholder’s Comment on the Proposed Update to IFRS Accounting Taxonomy 2024”

Blog, News, Account & Audit

September 4, 2024

Key Areas of Non-Compliance Identified by AASB in Financial Statement Audits

The Auditing and Assurance Standards … Continue reading “Key Areas of Non-Compliance Identified by AASB in Financial Statement Audits”

Blog, Advisory, Account & Audit

September 3, 2024

[Analysis] Ind AS 117 [Insurance Contracts] – New Accounting Standard for Indian Insurance Companies

Ind AS 117, Insurance Contracts, … Continue reading “[Analysis] Ind AS 117 [Insurance Contracts] – New Accounting Standard for Indian Insurance Companies”

Blog, News, Account & Audit

September 3, 2024

Tax Audit Checklist on Clause 26 of Form 3CD Under the Income Tax Act, 1961

Clause 26 of Form 3CD … Continue reading “Tax Audit Checklist on Clause 26 of Form 3CD Under the Income Tax Act, 1961”

Blog, News, Account & Audit

August 31, 2024

Application of Extinguishment Accounting in Case of Modification in Terms of Financial Liability

VG Limited an automobile company … Continue reading “Application of Extinguishment Accounting in Case of Modification in Terms of Financial Liability”