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Jan 13 2022

A Detailed Overview of IFRS 1

The IASB is in charge of establishing IFRS and approving interpretations of those standards. The International Financial Reporting Standards (IFRS) are des...

Applicability of Accounting standards on Mergers &...

There is no uniform accounting standard that governs accounting procedures and disclosures in situations where one business gains control of another. The a...

Upcoming Future of Financial Services: An Overview

The pandemic accelerated the process of digitization and digital engagement of the financial services which was already gaining its ground at a gradual pac...

Nov 16 2021

Comparing the Role of CFO and Finance Controller

The terms CFO and Finance Controller are used interchangeably by many and they are treated as synonyms of each other but there is a line of difference in t...

Common errors in Ind AS financial statements – Ob...

The Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) is established as a proactive tool to enhance financi...

Oct 19 2021

Comparing In-house vs. Virtual CFO Services

When making crucial decisions like hiring a CFO for a company, there may be confusion between whether to hire an in-house CFO or go for Virtual CFO service...

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Know the Process of Company Takeover

Businesses today undergo various structural modifications to sustain their existence in the market. One of the preferable strategy used by companies to exp...

Oct 09 2021

What is Order Management? A Step-by-Step Guide to Impro...

When a customer places a purchase on an online shopping platform, the company's procedure of picking, packaging, and shipping begins. An order management i...

Impact of New Companies (Accounting Standards) Rules, 2...

The Companies (Accounting Standards) Rules, 2021 were published on June 23rd, 2021 by the Ministry of Corporate Affairs under the Companies Act, 2013. Such...

Oct 05 2021

What is Supply Chain Management and Its Importance?...

As globalisation raises the complexities of supply chain activities, organisations are increasingly adopting analytical standards to strengthen decision-ma...

NFRA draws Conclusion on Enhanced Stakeholders Engageme...

The National Financial Reporting Authority (NFRA), the audit authority, has issued conclusions based on comments received on the consultation paper on incr...

A Brief Overview of Post Merger Compliances

Merger and Acquisitions is a vital process but complicated one also. After the order of the tribunal is passed under Section 230-232 of the Companies Act 2...

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