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November 6, 2023

Understanding the Connection Between Foreign Exchange Rate Change and PPE Impairment

Para 25 of Ind AS … Continue reading “Understanding the Connection Between Foreign Exchange Rate Change and PPE Impairment”

Blog, News, Account & Audit

November 3, 2023

Revaluation of the Investment Property at a Subsequent Date Under Ind AS 40

Investment property is property (land … Continue reading “Revaluation of the Investment Property at a Subsequent Date Under Ind AS 40”

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November 2, 2023

Impact of Extension of the Sale Completion Period on Classification of Non-current Assets Held for Sale

Para B1(c) of Ind AS … Continue reading “Impact of Extension of the Sale Completion Period on Classification of Non-current Assets Held for Sale”

Blog, News, Account & Audit

October 30, 2023

Loan Extended to Employees at Concessional Rate is Recorded at Fair Value | Ind AS 109

Para 5.1.1 of Ind AS … Continue reading “Loan Extended to Employees at Concessional Rate is Recorded at Fair Value | Ind AS 109”

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October 30, 2023

Understanding the Recent Developments in Financial Reporting

Table of Contents Supplier Finance … Continue reading “Understanding the Recent Developments in Financial Reporting”

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October 28, 2023

Accounting Implications of a Sudden Market Price Decline on Non-current Asset Held for Sale

Para 27 of Ind AS … Continue reading “Accounting Implications of a Sudden Market Price Decline on Non-current Asset Held for Sale”

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October 27, 2023

Case Study on Determination of the Effect of Dilution or Anti-Dilution in Earnings Per Share as Per Ind AS 33

Para 44 of Ind AS … Continue reading “Case Study on Determination of the Effect of Dilution or Anti-Dilution in Earnings Per Share as Per Ind AS 33”

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October 25, 2023

Accounting for Revocation of Interest-free Loan By the Government in Accordance With Ind AS 20

Para 32 of Ind AS … Continue reading “Accounting for Revocation of Interest-free Loan By the Government in Accordance With Ind AS 20”

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October 25, 2023

Understanding the Key Observations by NFRA

Table of Contents Non-Compliances with … Continue reading “Understanding the Key Observations by NFRA”

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October 21, 2023

NFRA Orders Bring Clarity on the Period of Its Jurisdiction

NFRA initiated action under section … Continue reading “NFRA Orders Bring Clarity on the Period of Its Jurisdiction”