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There are a number of regulations and compliances which are required by the organization to comply with. One such compliance is to get the financial statem...
Indian Accounting Standards (Ind AS) are standard protocols adopted by the Indian companies mentioned under Section 133 of the Companies Act of 2013[1] wit...
Financial Statements Audit simply means the examination, inspection, or review of an entity's financial statements[1]. The process of financial statement a...
The issues of auditing disclosures have been recently considered by the International Auditing and Assurance Standards Board (IAASB)[1]. Various factors su...
A venture's receipt of government grants is crucial for the preparation of financial statements for two reasons. First, an appropriate accounting strategy...
Profit and loss are two sides of a coin. However, incurring losses can be demoralizing for the business, but the Indian Income-tax law does provide taxpaye...
Businesses often face a financial crunch due to delayed payments by their customers and the inability of the businesses to collect those payments and other...
Today there are many entities offering accounting services to different businesses. Outsourcing the work of an accountant allows businesses to save a major...
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The Reserve Bank of India, on April 11, 2025, posted a Press Release No. 2025-2026/96 on their...
Hong Kong is widely recognized as a leading global business hub, known for its free-market econ...
With India’s growing economy, Non-Banking Financial Companies (NBFCs) have expanded significa...
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