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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...
The International Financial Reporting Standard (IFRS 2) requires a company to record share-based payment transactions in its financial statements, which in...
The IASB is in charge of establishing IFRS and approving interpretations of those standards. The International Financial Reporting Standards (IFRS) are des...
The National Financial Reporting Authority (NFRA), the audit authority, has issued conclusions based on comments received on the consultation paper on incr...
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...
Financial reporting includes various disclosure of financial information to the stakeholders regarding the financial performance and organizations’ finan...
National Financial Reporting Authority is constituted under the provisions of Section 132 of the Companies Act, 2013. The constitution of the authority is...
Financial Statement Analysis involves analyzing the entity's financial situation by determining the financial statements of the company. Analysis of the fi...
Today financial reporting services are needed by all organizations. Every organization is needed to know its performance during the time of a financial yea...
The start of the first quarter was hit by the Pandemic due to Covid-19, also known as Coronavirus. The expected growth and returns of every company have fa...
The ability to respond to new customer needs and to seize market opportunities as and when they arise is crucial in the fast-changing scenario. Successful...
In every company, the management needs information to arrive at decisions and evaluate the company's performance in order to effectively run its business....
The Financial Action Task Force, i.e. FATF (the Force), is the global money laundering and terr...
Advance tax refers to the payment of the tax liability before the end of the relevant financia...
On 11.12.15, the Hon’ble Delhi High Court (HC) pronounced a landmark judgement in the case ti...
Money laundering can be defined as the process of illegal concealment of the origin of money ob...
Every assessee in India is obligated to file an income tax return and make the timely payment o...
In the recent past, India has seen burgeoning demand for internet and smartphones. The rapid ri...
The Securities and Exchange Board of India (SEBI), the capital markets regulator, has recommend...
The objective of the enactment of the Prevention of Money-laundering Act, 2002, i.e. PMLA (the...
Tax planning is a continuing effort and a management strategy for ensuring the minimization of...
On 18th May 2023, the Securities Exchange Board of India (SEBI) released a Consultation Paper o...
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