Leases, most leases will be reflected on a lessee’s balance sheet as an obligation to make lease payments (a liability) and a related ROU asset (an asset). We have received references from various ...
The accounting discrepancy contravened Reserve Bank of India rules, though the central bank has said IndusInd is ...
The American Institute of CPAs' Auditing Standards Board is looking for feedback on its proposed strategic plan for 2026-30.
Explore the fundamentals of cash flow statements, including their structure, significance, and the insights they provide into ...
Understanding and analyzing OCI greatly improves financial analysis, especially for companies in the financial services industry.
A survey by IRIS Software Group found that 24% of respondents remain completely unaware of the changes to the FRS 102 ...
The Accountant on MSN4d
SEC approves FASB’s 2025 financial reporting taxonomiesThe US Securities and Exchange Commission (SEC) has accepted the 2025 taxonomies for financial reporting as announced by the ...
In March 2024, the Financial Reporting Council (FRC) issued its final amendments to FRS 102 The Financial Reporting Standard applicable in the UK ...
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