Companies would have to recognise the increase in gratuity liability arising from new labour codes in their interim financial ...

The new codes have reduced the work threshold for paid annual leaves from 240 days to 180 days, making them accessible sooner.

The accounting profession is facing a perfect storm of staffing challenges. There aren't enough accountants to handle the rising workloads, the workforce is getting older, and the number of new CPAs ...

The field of accounting is facing a labor crisis. From the high rates of baby boomer CPAs that are retiring to the 4% decline in the number of college graduates earning a bachelor’s or master’s degree ...

Given new standards, changes in the economy, and corporate trends, accounting and financial reporting seem to grow more complex every year. The Financial Accounting Standards Board (FASB) has tried to ...