Account & Audit

News, Blog, 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”

Blog, News, Account & Audit

January 9, 2025

ASB of ICAI Invites Comments on Exposure Draft of Ind AS 118, Presentation and Disclosure in Financial Statements

This document discusses the exposure … Continue reading “ASB of ICAI Invites Comments on Exposure Draft of Ind AS 118, Presentation and Disclosure in Financial Statements”

News, Blog, Account & Audit

January 9, 2025

Accounting for Loan and Foreign Exchange Fluctuation Applicability for Metro Rail Projects Under the Ind AS Framework

This document provides an analysis … Continue reading “Accounting for Loan and Foreign Exchange Fluctuation Applicability for Metro Rail Projects Under the Ind AS Framework”

Blog, News, Account & Audit

January 7, 2025

[Opinion] Understanding Monetary and Non-Monetary Items | Key Insights for Accurate Financial Reporting

CA Bharat Sonkhiya & Vikram … Continue reading “[Opinion] Understanding Monetary and Non-Monetary Items | Key Insights for Accurate Financial Reporting”

Blog, News, Account & Audit

January 4, 2025

Accounting for Grants Received from MoPNG for O&M Expenditure in the Oil and Gas Sector Under Ind AS Framework

This document delves into accounting … Continue reading “Accounting for Grants Received from MoPNG for O&M Expenditure in the Oil and Gas Sector Under Ind AS Framework”

Blog, News, Account & Audit

January 2, 2025

[Opinion] Auditing Vendor Payments | Key Area of Concern

CA Nitin Sharma & Rehansh … Continue reading “[Opinion] Auditing Vendor Payments | Key Area of Concern”

Blog, News, Account & Audit

December 30, 2024

[Opinion] Revenue Recognition as per Percentage Completion Method | Key Aspects to Consider Under Accounting Standard-7

CA Nitin Sharma & Rituraj … Continue reading “[Opinion] Revenue Recognition as per Percentage Completion Method | Key Aspects to Consider Under Accounting Standard-7”

Blog, News, Account & Audit

December 28, 2024

[Global Financial Insights] IFRS Foundation Proposes Handbook Updates and More

This week’s Global Financial Insights … Continue reading “[Global Financial Insights] IFRS Foundation Proposes Handbook Updates and More”