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Financial Reporting

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Jul 22 2022

Different Types of Financial Reports That a Business Ne...

There are several types of financial reports that provide an insight into the past, present and future financial status of your business. Every business ow...

Jul 19 2022

What are the Key Objectives of Financial Reporting of a...

Every company has multiple departments having different functions for handling and achieving organisational goals. All the departments have their specific...

Jul 05 2022

Interim Financial Reporting: Advantages and Disadvantag...

Interim Financial Reporting is a detailed financial report prepared by a company for measuring and evaluating the firm’s progress on a less than annual b...

May 31 2022

IFRS Standards

International Financial Reporting Standard lists are the guiding rules set for maintaining records and financial affairs of a business entity. IRFS Standar...

Apr 13 2022

Need of convergence of IAS with IFRS

Introduction Every nation follows its own set of policies and standards for accounting. However, because of globalization in the previous few decades when...

Mar 02 2022

Important Financial Deadlines you can’t afford to mis...

If you are a taxpayer or an investor, then there are various deadlines that you cannot afford to miss. These deadlines range from filing belated income tax...

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Feb 09 2022

Considerations in IFRS 2: Share-based payment transacti...

The International Financial Reporting Standard (IFRS 2) requires a company to record share-based payment transactions in its financial statements, which in...

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...

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...

Fraudulent Financial Reporting & Misapp. of Assets...

Fraud can be of 2 types- fraudulent financial reporting and misappropriation of assets. You may have also heard of the term fraud risk factors, which means...

Jul 27 2021

Financial Reporting Disclosures & Global Ethical S...

Financial reporting includes various disclosure of financial information to the stakeholders regarding the financial performance and organizations’ finan...

National Financial Reporting Authority (NFRA) – C...

National Financial Reporting Authority is constituted under the provisions of Section 132 of the Companies Act, 2013. The constitution of the authority is...

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