Articles by CA Kushal Soni

Bank Audit: Recent Changes and Key Aspects

Posted by CA Kushal Soni 13 April 2020 8537 Views

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

Posted by CA Kushal Soni 21 March 2020 13273 Views

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

Posted by CA Kushal Soni 06 April 2019 11642 Views

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

Posted by CA Kushal Soni 23 March 2019 19807 Views

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

Posted by CA Kushal Soni 05 March 2019 4622 Views

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

Posted by CA Kushal Soni 23 February 2019 6637 Views

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

Posted by CA Kushal Soni 09 July 2018 12228 Views

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

Posted by CA Kushal Soni 13 June 2018 4391 Views

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

Posted by CA Kushal Soni 31 May 2018 9838 Views

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

Posted by CA Kushal Soni 25 May 2018 14487 Views

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...