Forensic audit is the process used to examine an individual's or a company's financial information for use as evidence in court. It helps to detect diversion of funds, wilful defaults and window dressing of financial statements
With the advent of web-enabled communication, automation, and the cloud, the accounting industry experienced a tectonic change in the way it worked.
The Reserve Bank of India released a bi-monthly monetary policy yesterday because of the ongoing pandemic COVID-19. Here are the key points that were announced by the RBI Governor
As per Section 96 of the companies Act, 2013, every company other than a One Person Company shall in each year hold in addition to any other meetings, a general..
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (August 6, 2020) has decided to keep the policy repo rate under the liquidity adjustment facility.
Ind AS 41, Agriculture is the first standard that specifically covers the Accounting and Reporting requirements for the Primary sector. Prior to this standard, there were no established guidance on Agriculture and Allied Industry.
An appeal is generally filed with ITAT in either Form 36 / 36A. However the forms by themselves are not self-sufficient to file an appeal. The appeal to be filed with ITAT should also be accompanied by GoA and SoF.
To address the problem of getting delayed payments by MSMEs, the RBI has introduced the Trade Receivables Discounting System (TReDS) in 2014.
Securities Exchange Board of India (SEBI) has come out with Procedural Guidelines for Proxy Advisors to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
Email from GSTN on Aggregate Turnover - How to Respond?