Regulation 23 of SEBI's LODR Regulations, 2015, requires that all related party transactions (RPTs) be approved by the Audit Committee and, where material, by the…

On 13 August 2025, the Ministry of Corporate Affairs (MCA) notified amendments to Indian Accounting Standards (Ind AS). It is important to understand how these…

An entity’s consolidated financial statements through the Balance Sheet and Statement of Profit and Loss tell the story, but at the entity level. Dive a…

Shares and share options comprise a significant element of the total remuneration package of senior personnel, a trend encouraged by the current consensus that it…

President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security, the Fact Sheet1…

The rapid growth of data-driven industries has positioned data centers as critical infrastructure for businesses worldwide. These facilities not only host massive amounts of information…

A risk-based approach to auditing financial statements involves identifying and assessing the ‘risk of material misstatement’ (RoMM) and responding to those risks to express an…

A sound financial reporting system is a key contributor to economic development. The financial reporting system should be backed by strong standards (that are aligned…

Companies expanding through acquisitions will generally have a lot of subsidiaries. These companies are required to prepare their standalone financial statements as well as consolidated…