Account & Audit

Blog, News, Account & Audit

January 22, 2025

Accounting Treatment of Land Converted From PPE to Stock-in-Trade Under Ind AS Framework

This document provides an analysis … Continue reading “Accounting Treatment of Land Converted From PPE to Stock-in-Trade Under Ind AS Framework”

Blog, News, Account & Audit

January 22, 2025

Recognition and Presentation of Government-Sponsored Schemes in Financial Statements of the Corporation

This document provides an analysis … Continue reading “Recognition and Presentation of Government-Sponsored Schemes in Financial Statements of the Corporation”

Blog, News, Account & Audit

January 19, 2025

Revenue Recognition and Classification of Mortgage Guarantee Contracts Under IndAS Framework

This document explores the classification … Continue reading “Revenue Recognition and Classification of Mortgage Guarantee Contracts Under IndAS Framework”

News, Blog, Account & Audit

January 17, 2025

[Global Financial Insights] IFRS for SMEs | January 2025 Standard Update and More

Editorial Team – [2025] 170 … Continue reading “[Global Financial Insights] IFRS for SMEs | January 2025 Standard Update and More”

Blog, News, Account & Audit

January 17, 2025

Recognition and Accounting of Late Payment Surcharge Under Ind AS | Ensuring Compliance with Ind AS 115 and Ind AS 109

This document provides a comprehensive … Continue reading “Recognition and Accounting of Late Payment Surcharge Under Ind AS | Ensuring Compliance with Ind AS 115 and Ind AS 109”

Blog, News, Account & Audit

January 16, 2025

[Opinion] Guarantees vs. Right to Return | Ind AS Insights

Editorial Team – [2025] 170 … Continue reading “[Opinion] Guarantees vs. Right to Return | Ind AS Insights”

Blog, News, Account & Audit

January 15, 2025

Accounting for Foreign Currency Transactions and Distinguishing Monetary and Non-Monetary Items

This document delves into the … Continue reading “Accounting for Foreign Currency Transactions and Distinguishing Monetary and Non-Monetary Items”

Blog, News, Account & Audit

January 13, 2025

NFRA’s Auditor-Audit Committee Interaction Series | Enhancing Audit Quality and ECL Framework Implementation

The NFRA has launched the … Continue reading “NFRA’s Auditor-Audit Committee Interaction Series | Enhancing Audit Quality and ECL Framework Implementation”

Blog, News, Account & Audit

January 12, 2025

[Global Financial Insights] FASB Seeks Feedback on Future Agenda Priorities and More

This week’s Global Financial Insights … Continue reading “[Global Financial Insights] FASB Seeks Feedback on Future Agenda Priorities and More”

Blog, News, Account & Audit

January 10, 2025

[Opinion] Auditor’s Responsibility in Limited Review | Equal Accountability as Statutory Audit

CA Bharat Sonkhiya & Rahul … Continue reading “[Opinion] Auditor’s Responsibility in Limited Review | Equal Accountability as Statutory Audit”