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Simplifying reporting of Fixed Deposit with Banks in Ind AS Financial Statements

  25 May 2024   0 comment
Learn how to report fixed deposits of varying maturities and categories in Ind AS financial statements with this detailed guide and examples....
Posted Under: CA, CS, CMA |

Ind AS 109 Hedge Accounting: Fair Value vs Cash Flow Hedges

  24 May 2024   0 comment
Learn about Ind AS 109 hedge accounting, focusing on fair value and cash flow hedges. Discover their differences, accounting treatments, and practical applications....
Posted Under: CA, CS, CMA |

Supreme Court Upholds ICAI’s Limit of 60 Tax Audits per CA: Analysis

  23 May 2024   0 comment
Discover the Supreme Court's ruling on ICAI's 60 tax audits limit per Chartered Accountant, its implications, and future impact on the accounting profession....

Internal Audit’s role in managing disruption in an organization

  21 May 2024   0 comment
Discover how internal audits play a crucial role in identifying and managing disruptions within organizations, ensuring smooth and efficient operations....
Posted Under: CA, CS, CMA |

Understanding of Expected Credit Loss (ECL) Under Ind AS 109

  21 May 2024   0 comment
Understand Expected Credit Loss (ECL) under Ind AS 109: Learn about recognition, importance, and challenges. Explore practical applications and implications for financial institutions....
Posted Under: CA, CS, CMA |

Ethical CA Practice – Building Trust with Integrity

  19 May 2024   0 comment
For a ethical CA Practice, following factors play a very important role:- FAITH As faith is a belief, trust is an action, Even a deaf can conclude this from ones motion, There is no fees to learn this, use your own intuition, As we all believe on our knees that they keep us standing without […]...
Posted Under: CA, CS, CMA |

Comply without delay with timeline of Cost Audit 2023-24

  15 May 2024   0 comment
Ensure timely compliance with the 2023-24 Cost Audit timeline. Promptly report any deviations to the Ministry of Corporate Affairs (MCA) as per regulatory requirements....
Posted Under: CA, CS, CMA |

Understanding Ind AS 23: A Guide to Borrowing Costs Accounting

  13 May 2024   0 comment
Dive into the principles of Ind AS 23, the accounting standard governing borrowing costs. Learn how to capitalize costs, key concepts, and disclosure requirements....
Posted Under: CA, CS, CMA |

Applicability & Non-Compliance in Cost Records/Audit: MCA Notices & ICMAI Advisory

  13 May 2024   0 comment
Applicability of Cost Records and Cost Audit and Non-Compliance with various provisions with regard to Cost Records/Audit results in issue of Notices by MCA and advisory by ICMAI...

Difference Between Due Diligence and Statutory Audit

  11 May 2024   0 comment
Discover the distinctions between due diligence and statutory audit. Learn their essence, components, and how they impact decision-making and risk mitigation....
Posted Under: CA, CS, CMA |

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