Account & Audit

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May 27, 2024

Checklist for Clauses 1 to 4 of Form 3CD in Tax Audit under the Income Tax Act, 1961

Section 44AB of the Income … Continue reading “Checklist for Clauses 1 to 4 of Form 3CD in Tax Audit under the Income Tax Act, 1961”

Blog, News, Account & Audit

May 24, 2024

ICMAI Issues an Updated Version of CAS-2 (Revised 2024), Replacing CAS-2 (Revised 2015)

The Cost Accounting Standards Board … Continue reading “ICMAI Issues an Updated Version of CAS-2 (Revised 2024), Replacing CAS-2 (Revised 2015)”

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May 24, 2024

[Opinion] Not-for-profit Entities in USA | Key Audit Considerations

Sundeep Gupta &  Shivam Agarwal … Continue reading “[Opinion] Not-for-profit Entities in USA | Key Audit Considerations”

Blog, News, Account & Audit

May 23, 2024

ICAI Releases Exposure Draft on Proposed Networking Model for LLP Firms

A new network model seems … Continue reading “ICAI Releases Exposure Draft on Proposed Networking Model for LLP Firms”

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May 23, 2024

ICAI Releases an Exposure Draft on the Proposed Merger & Demerger Guidelines for Public Comment

The Committee for Aggregation of … Continue reading “ICAI Releases an Exposure Draft on the Proposed Merger & Demerger Guidelines for Public Comment”

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May 18, 2024

Strengthening Audit Practices for Internal Financial Controls | Documentation and Joint Auditor Responsibilities

The Auditing and Assurance Standards … Continue reading “Strengthening Audit Practices for Internal Financial Controls | Documentation and Joint Auditor Responsibilities”

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May 17, 2024

CARO 2020 | Summary of Observations Identified and Guidance Provided by QRB of ICAI

Quality Review Board (QRB) of … Continue reading “CARO 2020 | Summary of Observations Identified and Guidance Provided by QRB of ICAI”

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May 15, 2024

ICMAI Has Released a Guidance Note on Inventory Valuation Under the Income Tax Act 1961

The Cost Accounting Standards Board … Continue reading “ICMAI Has Released a Guidance Note on Inventory Valuation Under the Income Tax Act 1961”

Blog, News, Account & Audit

May 15, 2024

NSE Issued a Circular Regarding FAQs & General Observations/Guidelines for Filing of BRSR

The National Stock Exchange (NSE) … Continue reading “NSE Issued a Circular Regarding FAQs & General Observations/Guidelines for Filing of BRSR”

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May 13, 2024

Consideration of the Time Value of Money in Calculating Expected Credit Losses on Retention Money | Ind AS 109

A company is a power … Continue reading “Consideration of the Time Value of Money in Calculating Expected Credit Losses on Retention Money | Ind AS 109”