Account & Audit

[Global Financial Insights] Key FASB | PCAOB | IFRS Updates

Editorial Team – [2025] 181 taxmann.com 366 (Article) Global Financial…

Ind AS 115 | Principal vs Agent in High Sea Sale Transactions

1. Question India Tech Industries Limited hereinafter referred to as…

ICAI Releases Exposure Draft of Ind AS 119 for Public Comments

Indian Accounting Standards (Ind AS) are developed in convergence with…

Accounting for Non-Repayable Promoter Contributions Under Ind AS

1. Question Omega Manufacturers Limited hereinafter referred to as "the…

NFRA Launches Outreach Programme and Audit Firm Survey to Strengthen Audit Quality

The National Financial Reporting Authority (NFRA) has undertaken multiple strategic…

[Global Financial Insights] Key FASB and IASB Updates on Hedge Accounting and Risk Reporting

[2025] 181 taxmann.com 128 (Article) Global Financial Insights is a…

Ind AS 23 | Accounting Treatment for Interest on Project-Specific Loans and Adjustment of Investment Income

1. Facts Metro Link Infrastructure Limited, hereinafter referred to as…

Accounting Treatment of Dry Dock Costs After Useful Life Under Ind AS 16

1. Facts A Limited, a public company (hereinafter referred to…

[Global Financial Insights] IAASB Releases New Illustrative Reports to Support ISSA 5000 Implementation and More

Editorial Team – [2025] 180 taxmann.com 777 (Article) Global Financial…

Ind AS 2 – Inventory Valuation Treatment of Warranty | Rectification | Royalty Costs

1. Question Omega Limited, hereinafter referred to as "the company,"is…