Account & Audit

Blog, News, Account & Audit

February 18, 2024

Cost Incurred to Maintain Status Quo of Construction Site of Warehouse Not to Be Capitalized

Para 16 of Ind AS … Continue reading “Cost Incurred to Maintain Status Quo of Construction Site of Warehouse Not to Be Capitalized”

Blog, News, Account & Audit

February 16, 2024

[Opinion] New Technical Guide of ICAI on Cash Basis of Accounting

CA. Srinivasan Anand G. – … Continue reading “[Opinion] New Technical Guide of ICAI on Cash Basis of Accounting”

News, Blog, Account & Audit

February 16, 2024

ICAI Issues Guidance Note on Audit of Banks | 2024 Edition

The Institute of Chartered Accountants … Continue reading “ICAI Issues Guidance Note on Audit of Banks | 2024 Edition”

Blog, News, Account & Audit

February 16, 2024

ICAI Issues Technical Guide on Preparation of Financial Statements under Cash Basis of Accounting

The Institute of Chartered Accountants … Continue reading “ICAI Issues Technical Guide on Preparation of Financial Statements under Cash Basis of Accounting”

Blog, News, Account & Audit

February 14, 2024

Consequences of Detection of Fraud After Reporting Date

Para 21 of Ind AS … Continue reading “Consequences of Detection of Fraud After Reporting Date”

Blog, News, Account & Audit

February 13, 2024

ICAI Issues Implementation Guide (Revised) on Reporting on Audit Trail

The Institute of Chartered Accountants … Continue reading “ICAI Issues Implementation Guide (Revised) on Reporting on Audit Trail”

Blog, News, Account & Audit

February 13, 2024

ICAI Can Refer Matter to Disciplinary Committee If Board of Discipline Disagrees With Director’s Opinion | SC

The Supreme Court has upheld … Continue reading “ICAI Can Refer Matter to Disciplinary Committee If Board of Discipline Disagrees With Director’s Opinion | SC”

Blog, News, Account & Audit

February 12, 2024

Consequences of Stock Damage After the Reporting Date on NRV for Valuation Purposes

Ind AS 10, Events after … Continue reading “Consequences of Stock Damage After the Reporting Date on NRV for Valuation Purposes”

Blog, News, Account & Audit

February 7, 2024

Expenditure on Training Activities Cannot be Considered as Intangible Asset Under Ind AS 38

Para 95 of Ind AS … Continue reading “Expenditure on Training Activities Cannot be Considered as Intangible Asset Under Ind AS 38”

News, Blog, Account & Audit

February 5, 2024

Customer Identification Under Ind AS 115 When Operating as Principal or Agent Under a Contract

As per Ind AS 115, … Continue reading “Customer Identification Under Ind AS 115 When Operating as Principal or Agent Under a Contract”