CAclubindia Articles

Concept of Senior Management & Its Disclosures in Annual Report for FY 23-24

Affluence Advisory 21 June 2024 at 14:03

Senior management is not exactly defined as senior management, but SEBI LODR enumerates who can be senior management and provides criteria for identifying senior management.

Valuation of Intangible Assets as per IFRS

Sai Nithyashri 21 June 2024 at 08:34

Valuation of intangible assets under IFRS (International Financial Reporting Standards) involves assessing their fair value, which is the amount for which an asset could be exchanged between knowledgeable, willing parties in an arm's length transaction.

Quarterly/Annually/Half Yearly Compliances under SEBI (LODR)

Affluence Advisory 21 June 2024 at 08:31

The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) mandates listed companies to make various disclosures on a quarterly, half-yearly, and annual basis to ensure transparency and protect the interests of investors.

Highlights of the Percentage-of-Completion Method (POCM)

Amit Kumar 20 June 2024 at 17:13

The Percentage-of-Completion Method (POCM) is an accounting method commonly used in the construction industry and other long-term contracts. It involves recognizing revenues and expenses in proportion to the project's completion during each accounting period.

How to File ITR Online?

Sparsh Wadhwa 20 June 2024 at 14:01

Learn how to easily file your income tax return online with this step-by-step guide!

Navigating GST Compliance in Sponsorship Services

T Ashalatha 20 June 2024 at 08:42

This article delves into the critical aspects of sponsorship under the Goods and Services Tax (GST) regime in India, as the implications of GST on sponsorship services have a profound impact on both the sponsors and recipients, requiring a comprehensive understanding of the tax regime.