Learn how general provisions function as financial safeguards, set aside by companies to cover potential future losses, and ...

Every tax season brings its own challenges; however, the upcoming months are shaping up to be a high-stakes tax Super Bowl, ...

Companies must recognise higher gratuity and leave liabilities under new labour codes as expenses in interim financial ...

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

Industry bodies are seeking government clarification on new labour codes, particularly regarding retrospective implementation ...

This explains when investment values must be written down under AS 13 and Ind AS, and why recognising impairment is essential for accurate financial ...

Nidec faces accounting probes, suspended dividends, EV segment losses, and impairments with discounted valuation. See why ...

The report came from the newly created DAVE division, which has been compared to DOGE and is tasked with recommending job cuts in state government.

The FAQs clarify how the 50% wage rule increases gratuity and leave liabilities and why these changes must be treated as past ...

ICAI’s revised SA 600 tightens safeguards but allows lead auditors to rely on subsidiary auditors, while audit regulator NFRA ...

Housing was only deemed in “crisis” when the offspring of property owners found themselves locked out of the market. But we ...

Socialists and progressives demand that the US adopt a “single payer” healthcare system in which the government provides ...