by admin | Nov 5, 2024 | Ind AS Analysis
Fair Value under IFRS 13 represents the price you would receive to sell an asset or transfer a liability in an orderly transaction between market participants in the principal market at the measurement date. This standard applies to assets and liabilities measured on...
by admin | Sep 20, 2024 | Ind AS Analysis
Ever wondered why some financial instruments, despite legally being shares, are classified as liability in the books of accounts? Does this distinction affect the company or its stakeholders? Are these just accounting jargons? Let’s understand these classifications,...
by admin | Aug 20, 2024 | Financial Reporting Insights
Employee Stock Ownership Plans (ESOPs) have become a great tool for companies to attract, retain, and motivate top talent. By offering employees a stake in the company’s success, ESOPs align employee interests with those of the shareholders, fostering a culture of...
by admin | Aug 12, 2024 | General Business Insights
Large organisations find it difficult to maintain data that is consistent and structured. Data can take multiple forms like financial information about sales, purchases, expenses, working files, financial statements or documents like contracts. Often it is observed...
by admin | Sep 10, 2020 | Ind AS Analysis
The Ministry of Corporate Affairs (‘MCA’) on 24 July 2020, notified the Companies (Indian Accounting Standards) Amendment Rules, 20201 (‘the amendment’) which includes revisions to certain Ind AS like Ind AS 103- Business Combinations, Ind AS 109: Financial...