Category: Accounting
Discover the essential principles of accounting and formats for financial statements of entities in NPO sector with the help of ICAI's Technical Guide.
NFRA examines proposals for Ind AS 117, a new insurance accounting standard based on IFRS 17, set to revolutionize transparency and reporting in the Indian insurance industry.
ICAI has released updated/revised edition of he 'Compendium of Indian Accounting Standards (IND AS) 2023-24', comprising of Volume 1 & Volume 2.
ICAI has announced that forensic accounting and investigation standards will become mandatory from July 1, 2023. Find out what this means for businesses and organizations.
Discover ICAI's exposure draft on the "Guidance Note on Transfer of Capital Reserve," offering clarity and guidance on reserve transfers under Ind AS.
Managing payroll in India can be complex, but with the right strategies and tools, it can be streamlined to improve accuracy and efficiency. Learn how in this informative post. …
Learn everything about accounts receivable in India, including its definition, importance, calculation, and best practices for effective management. Introduction Accounts receivable (AR) is an essential aspect of any business’s …
Learn what accounts payable is, its importance, and how it works in the Indian context. Get practical tips for effective AP management and streamline your business operations.
ICAI has issued a draft Guidance Note on ‘Financial Statements of Limited Liability Partnerships (LLPs)’ for comments of the stakeholders, latest by March 8, 2023. In June 2022, the …
ICAI has issued a draft Guidance Note on ‘Financial Statements of Non-Corporate Entities (NCEs)’ for comments of the stakeholders latest by March 8, 2023. In June 2022, the ICAI …