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Account & Audit, Blog, News

October 29, 2022

Mere classification of borrowings as NPAs by banks doesn’t relieve the company from interest: NFRA clarifies

During a disciplinary action under … Continue reading “Mere classification of borrowings as NPAs by banks doesn’t relieve the company from interest: NFRA clarifies”

Account & Audit, Blog, News

October 22, 2022

Accounting treatment of dredging and shoal expenditure at the riverbank for ensuring water supply to the refinery

Para 16 of Ind AS … Continue reading “Accounting treatment of dredging and shoal expenditure at the riverbank for ensuring water supply to the refinery”

Account & Audit, Blog, News

October 19, 2022

Accounting treatment of Final Mine Closure Plan (FMCP)

FMCP means a plan for … Continue reading “Accounting treatment of Final Mine Closure Plan (FMCP)”

Account & Audit, Blog, News

October 17, 2022

Accounting treatment of construction of facilities for import of additional requirement of power

The management of the entities … Continue reading “Accounting treatment of construction of facilities for import of additional requirement of power”

Account & Audit, Blog, News

October 10, 2022

[Opinion] The Five-Step Model to determine Deferred Tax Asset & Liability under Ind AS 12

Abstract The implementation of Indian … Continue reading “[Opinion] The Five-Step Model to determine Deferred Tax Asset & Liability under Ind AS 12”

Account & Audit, Blog, News

October 1, 2022

[Opinion] Accounting of Minimum Alternate Tax in the Books of Account

As per section 115JB companies … Continue reading “[Opinion] Accounting of Minimum Alternate Tax in the Books of Account”

Account & Audit, Blog, News

September 26, 2022

How to allocate the manpower cost during the project implementation phase?

Para 16 of Ind AS … Continue reading “How to allocate the manpower cost during the project implementation phase?”

Account & Audit, Blog, News

September 22, 2022

A Shift from BRR to BRSR – Enhanced Reporting by Top Listed Companies

Business Responsibility Report (BRR) framework … Continue reading “A Shift from BRR to BRSR – Enhanced Reporting by Top Listed Companies”

Account & Audit, Blog, News

September 19, 2022

NFRA’s Interpretation of Para 21 of SA 260 (Revised)

Para 21 of the SA … Continue reading “NFRA’s Interpretation of Para 21 of SA 260 (Revised)”

Account & Audit, Blog, News

September 14, 2022

Exposure Draft on Standard on Sustainability Assurance Engagements issued by ICAI

Sustainability Reporting Standards Board (SRSB) … Continue reading “Exposure Draft on Standard on Sustainability Assurance Engagements issued by ICAI”