Articles by CA Kushal Soni

Bank Audit: Recent Changes and Key Aspects

CA Kushal Soni 13 April 2020 at 11:03

Bank audit is one of the most critical functions auditors perform every year. Bank Audit plays an important role in promoting confidence in the financial information provided by banks to various stakeholders. Here are the key changes in Bank Audit due to COVID-19 outbreak.

Key Highlights of Vivad Se Vishwas Scheme

CA Kushal Soni 21 March 2020 at 12:56

Key Highlights of Vivad Se Vishwas SchemeOn 01st February, 2020 Hon’ble Finance Minister in Budget Speech announce this scheme which is now seen as a gold..

Important points for Bank Audit while auditing MSME borrowers

CA Kushal Soni 06 April 2019 at 12:41

90 days delinquency norm is a condition for classification of majority of loans into NPA, loans to

An insight to IND AS 10 - Events After the Reporting Period

CA Kushal Soni 23 March 2019 at 16:44

To understand any accounting standard in a better way, it is of most importance to know objective o

Crowd funding platforms and its Legal compliance

CA Kushal Soni 05 March 2019 at 10:49

Crowd Funding - a new way of connecting investor and startup. Technology intensive crowd funding platforms growing day by day to cater to the funding needs of s..

Form INC22A - Crackdown on shell companies

CA Kushal Soni 23 February 2019 at 13:59

One more step towards crackdown of shell companiesForm No. INC-22A "ACTIVE" Active Companies Tagging Identities and VerificationImportant Points: Appl

All about DIR-3 KYC eForm

CA Kushal Soni 09 July 2018 at 10:45

From 10th July KYC Drive through the e-form DIR-3KYC be operational.MCA is conducting KYC of all Directors of all companies annually through a new eform viz. DI..

Unification of Technology for Professionals

CA Kushal Soni 13 June 2018 at 11:16

In this highly IT enabled compliance environment, professionals like CA CS CMA are still struggling to get suitable system requirements fulfilled for various fi..

Treatment of Some Special Nature Transactions as per Ind AS 115 / IFRS 15

CA Kushal Soni 31 May 2018 at 11:14

Treatment of Contract costs Incremental costs of obtaining a contract Costs to fulfil a

Ind AS 115 (based on IFRS 15) Revenue from Contracts with Customers - Simplified

CA Kushal Soni 25 May 2018 at 11:22

Ind AS 115, Revenue from Contracts with Customers (based on IFRS 15), notified on 28 March 2018 by MCA. The new standard is effective for accounting periods be..