The American Institute of CPAs' Accounting and Review Services Committee clarified a standard on financial statement ...
NAF's Academy of Finance is the education nonprofit’s longest running and largest career pathway, and students have access to career-focused curricula and participate in work-based learning. Nearly 32 ...
Recording interest on loan on cash basis due to financial distress at end of borrower is justifiable
ITAT Mumbai held that change of method of accounting from mercantile to cash system for recording interest income on loan due to financial distress at the end of borrower is justifiable and legitimate ...
The CFA Institute is urging accounting standard-setters to require more detailed disclosures of intangible assets before they ...
Welcome back to Critical Materials, your daily roundup for all things electric and tech in the automotive space. Accounting ...
Introduction As businesses evolve, their financial management tools must keep pace with their growing needs. QuickBooks, a ...
A common adage tells us that in the absence of information, people tell themselves a story. In the corporate version, add in ...
Sources aware of the matter say Gobind Jain, the bank’s CFO who stepped down on January 17, had a detailed exit interview ...
The Institute of Chartered Accountants of India (ICAI) will likely review books of IndusInd Bank following accounting discrepancies ... "As a proactive measure, the Financial Reporting Review ...
IndusInd Bank recently revealed that the discrepancies in its derivative portfolio could reduce its net worth by approximately 2.35% as of December 2024.
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