Pursuant to the implementation of The Code on Wages, 2019, The Industrial Relations Code, 2020, The Code on Social Security, 2020 and The Occupational Safety,…

Expected Credit Loss (ECL) under Ind AS 109 sits at the intersection of accounting, credit risk assessment, and professional judgment. Its forward-looking framework requires entities…

In an earlier article, Segment Reporting: A Window into Business Realities, we discussed how segment reporting under IFRS 8 and Ind AS 108, anchored in…

The use of external experts is now standard in audits, reviews, other assurance engagements, and related services engagements. As financial reporting, assurance scopes and regulatory…

Union Budget 2026 marks a subtle yet decisive inflection point in India’s transfer pricing framework.

Risk-based auditing is central to an effective audit, as it enables audit effort to be directed to areas of higher risk of material misstatement (RoMM),…

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…

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…