Account & Audit

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August 22, 2024

Ensuring Compliance with SQC 1: Key Observations and Recommendations by the AASB

Standard on Quality Control 1 … Continue reading “Ensuring Compliance with SQC 1: Key Observations and Recommendations by the AASB”

News, Blog, Account & Audit

August 21, 2024

NFRA Action Continues: Imposes Hefty ?10 Crore Penalty on Chartered Accountant Firm

In the order dated 19th … Continue reading “NFRA Action Continues: Imposes Hefty ?10 Crore Penalty on Chartered Accountant Firm”

Blog, News, Account & Audit

August 20, 2024

Tax Audit Checklist on Clause 23 of Form 3CD Under the Income Tax Act, 1961

Under clause 23 of Form … Continue reading “Tax Audit Checklist on Clause 23 of Form 3CD Under the Income Tax Act, 1961”

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August 17, 2024

[Global Financial Insights] IASB Proposes an Update on Disclosure Requirements of Contracts for Renewable Electricity and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] IASB Proposes an Update on Disclosure Requirements of Contracts for Renewable Electricity and More”

Blog, News, Account & Audit

August 17, 2024

Tax Audit Checklist on Clause 22 of Form 3CD under the Income Tax Act, 1961

Under clause 22 of Form … Continue reading “Tax Audit Checklist on Clause 22 of Form 3CD under the Income Tax Act, 1961”

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August 14, 2024

CRAC Financial Reporting | Considerations for Standalone and Consolidated Statements

ABC Corporation is a life … Continue reading “CRAC Financial Reporting | Considerations for Standalone and Consolidated Statements”

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August 10, 2024

Revenue Recognition and Contracts with Customers under Ind AS 115 – Objective | Scope | Recognition

Ind AS 115, Revenue from … Continue reading “Revenue Recognition and Contracts with Customers under Ind AS 115 – Objective | Scope | Recognition”

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August 9, 2024

[Global Financial Insights] FRC Proposes Revised Guidance on Going Concern and Related Reporting and More

Global Financial Insights is a … Continue reading “[Global Financial Insights] FRC Proposes Revised Guidance on Going Concern and Related Reporting and More”

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August 7, 2024

Tax Audit Checklist on Clause 20 of Form 3CD Under Income Tax Act, 1961

The clause 20 of Form … Continue reading “Tax Audit Checklist on Clause 20 of Form 3CD Under Income Tax Act, 1961”

Blog, News, Account & Audit

August 6, 2024

Residual Value Dilemmas | PPE Disposal Cost Exceeding the Recoverable Amount

ABC Limited (hereinafter referred to … Continue reading “Residual Value Dilemmas | PPE Disposal Cost Exceeding the Recoverable Amount”