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Why does your organisation need a single source of truth (SSOT)?

Why does your organisation need a single source of truth (SSOT)?

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...
Companies (Indian Accounting Standards) Amendment Rules, 2020- revisions to Ind AS 116- Leases

Companies (Indian Accounting Standards) Amendment Rules, 2020- revisions to Ind AS 116- Leases

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...
Ind AS for NBFCs – Not Just an Accounting Challenge

Ind AS for NBFCs – Not Just an Accounting Challenge

by admin | Nov 10, 2018 | Ind AS Analysis

Transition to Ind AS is more than just an accounting change and may have a significant impact on the businesses, systems and processes and people, making this change as much a focus area for the CEO as it is for the CFO/Controllers. One of the particular challenges...
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