Articles by CA Sanat Pyne

IND AS Adoption Guide

CA Sanat Pyne 18 April 2023 at 08:49

The adoption of the Indian Accounting Standards (IND AS) marks a significant shift in the way companies in India report their financial statements.

Strategies for preventing Financial Fraud in 2023

CA Sanat Pyne 17 April 2023 at 17:40

Financial fraud refers to any illegal or unethical activity that is committed with the intent to deceive or defraud individuals or organizations for financial gain. Financial fraud can take many forms, such as identity theft, credit card fraud, investment scams, embezzlement, and money laundering.

CSR under Companies Act 2013: A Discussion between Arjuna and Krishna

CA Sanat Pyne 15 April 2023 at 07:04

CSR has become an important aspect of corporate governance and is aimed at ensuring that companies take responsibility for the impact they have on society.

Understanding IND AS 24: Related Party Disclosures

CA Sanat Pyne 14 April 2023 at 07:16

IND AS 24 is a standard issued by the Institute of Chartered Accountants of India (ICAI) that outlines the disclosure requirements for related party transactions in financial reporting.

FAQs on IND AS 113: Fair Value Measurement

CA Sanat Pyne 13 April 2023 at 14:37

IND AS 113 is a part of the IND AS that provides guidance on how to measure fair value when preparing financial statements. This standard defines fair value, outlines the framework for its measurement, and sets out the requirements for disclosing fair value information in the financial statements.

Understanding IND AS 19: Employee Benefits

CA Sanat Pyne 11 April 2023 at 08:46

IND AS 19 is a standard that deals with employee benefits. It requires companies to account for their obligations towards employees, such as pensions, gratuity, and other post-employment benefits. In this article, we will explore IND AS 19 in detail.

FAQs on IND AS 10

CA Sanat Pyne 10 April 2023 at 08:56

Frequently Asked Questions (FAQs) on IND AS 10

FAQs on IND AS 16

CA Sanat Pyne 08 April 2023 at 11:25

IND AS 16 is a standard that sets out the accounting treatment for property, plant, and equipment. It provides guidance on the recognition, measurement, and disclosure of such assets.

FAQs on IND AS 7

CA Sanat Pyne 07 April 2023 at 09:04

IND as 7 refers to the Indian Accounting Standard (IND AS) 7, which is the standard that provides guidance on how to prepare and present cash flow statements.

Understanding IND AS 1: Presentation of Financial Statements

CA Sanat Pyne 06 April 2023 at 08:52

The Indian Accounting Standards (IND AS) were introduced in India in 2015, to bring greater transparency and consistency to financial reporting. One of the key standards is IND AS 1 - Presentation of Financial Statements.