Blog, News, Account & Audit October 12, 2023 ICAI Issues Manual on Concurrent Audit of Banks Concurrent audit in banks must … Continue reading “ICAI Issues Manual on Concurrent Audit of Banks”
Blog, News, Account & Audit October 11, 2023 Presentation of “Lease Receivables” in the Financial Statements Ind AS 116,’ Leases’ specifies … Continue reading “Presentation of “Lease Receivables” in the Financial Statements”
News, Blog, Account & Audit October 9, 2023 Communicating KAM Para in the Auditor’s Report is not a Substitute for Expressing a Modified Opinion | NFRA The investigation conducted by the … Continue reading “Communicating KAM Para in the Auditor’s Report is not a Substitute for Expressing a Modified Opinion | NFRA”
Blog, News, Account & Audit October 6, 2023 Determining the Replacement Value of the Asset when Original Cost Data is not Available Para 70 of Ind AS … Continue reading “Determining the Replacement Value of the Asset when Original Cost Data is not Available”
Blog, News, Account & Audit October 5, 2023 Case Study on Treatment of Deferred Tax at the Time of Business Purchase as per Ind AS 12 Para 66 of Ind AS … Continue reading “Case Study on Treatment of Deferred Tax at the Time of Business Purchase as per Ind AS 12”
Blog, News, Account & Audit October 4, 2023 NFRA’s Enforcement Actions Against Branch Auditors of Non-Banking Financial Company A Ltd. (herein referred to … Continue reading “NFRA’s Enforcement Actions Against Branch Auditors of Non-Banking Financial Company”
Blog, News, Account & Audit October 3, 2023 Last-Minute Tax Audits | Evaluating the Auditor’s Options for Safeguarding In a situation where the … Continue reading “Last-Minute Tax Audits | Evaluating the Auditor’s Options for Safeguarding”
Blog, News, Account & Audit September 30, 2023 Accounting for Compensation Received on Loss of Property, Plant, and Equipment Impairments or losses of items … Continue reading “Accounting for Compensation Received on Loss of Property, Plant, and Equipment”
Blog, News, Account & Audit September 29, 2023 Case Study on the Impact of Deferred Tax Due to Revaluation of Assets Ind ASs permit or require … Continue reading “Case Study on the Impact of Deferred Tax Due to Revaluation of Assets”
News, Blog, Account & Audit September 28, 2023 NFRA’s Inquiry | Revealing the EQC Reviewer’s Ignorance NFRA in its recent order … Continue reading “NFRA’s Inquiry | Revealing the EQC Reviewer’s Ignorance”