Account & Audit

News, Blog, Account & Audit

September 7, 2022

NFRA Observation w.r.t Unbilled Revenue in Financial Reporting Quality Review Report

National Financial Reporting Authority (NFRA) … Continue reading “NFRA Observation w.r.t Unbilled Revenue in Financial Reporting Quality Review Report”

Blog, Tax Audit Week, Account & Audit

September 9, 2024

[FAQs] Method of Accounting | GST | Ind AS under Tax Audit – Ensuring Effective Tax Audit Compliance

Method of Accounting pertains to … Continue reading “[FAQs] Method of Accounting | GST | Ind AS under Tax Audit – Ensuring Effective Tax Audit Compliance”

Blog, Tax Audit Week, Account & Audit

September 9, 2024

[FAQs] ICDS and Form 3CD – Reporting | Compliance | Adjustments

Income Computation and Disclosure Standards … Continue reading “[FAQs] ICDS and Form 3CD – Reporting | Compliance | Adjustments”

Blog, Account & Audit

September 2, 2022

Whether De-Silted Iron Ore Fines meet the Definition of Inventories (Ind AS 2)?

Table of Contents 1. Query … Continue reading “Whether De-Silted Iron Ore Fines meet the Definition of Inventories (Ind AS 2)?”

Blog, Account & Audit

September 1, 2022

Whether an Intangible Asset can be created on Account of Pre Operational Expenditure?

Table of Contents 1. Query … Continue reading “Whether an Intangible Asset can be created on Account of Pre Operational Expenditure?”

Blog, Account & Audit

October 7, 2022

Revenue Recognition of Admission Fees Received by an Association

Table of Contents 1. Query … Continue reading “Revenue Recognition of Admission Fees Received by an Association”

Blog, Account & Audit

September 25, 2023

[Analysis] Clause 44 of Tax Audit Report with Illustrations

Table of Contents 1. Clause … Continue reading “[Analysis] Clause 44 of Tax Audit Report with Illustrations”

Blog, Account & Audit

March 7, 2026

Final Accounts – Limitations | Meaning | Components

  Final Accounts refer to … Continue reading “Final Accounts – Limitations | Meaning | Components”

Blog, Account & Audit

September 1, 2022

Whether Accretion or Decretion in Stock of Scrap treated as “Other Operational Income”

Table of Contents 1. Query … Continue reading “Whether Accretion or Decretion in Stock of Scrap treated as “Other Operational Income””

Blog, News, Account & Audit

August 23, 2022

Significant Differences in Disclosure Principles of RPTs as per AS and Ind AS

AS 18, Related Party Disclosures … Continue reading “Significant Differences in Disclosure Principles of RPTs as per AS and Ind AS”