The bank, headed by Sumant Kathpalia, has appointed external investigators. His deputy, Arun Khurana, also heads the global ...

Finance teams worldwide are grappling with the complex demands of new lease accounting standards. In the United States, ASC 842 requires companies to bring virtually all leases onto their balance ...

ICAI may investigate IndusInd Bank's derivative accounting discrepancies, raising concerns about financial integrity and ...

A survey by IRIS Software Group found that 24% of respondents remain completely unaware of the changes to the FRS 102 ...

Rules related to recording debt, such as debt modifications and extinguishments, on balance sheets will be top of mind this year for an advisory panel that helps private companies apply complex ...

These derivatives were being used by the balance sheet management desk ... RBI has not mandated banks to transition to Ind AS accounting standards, which have detailed guidelines on accounting ...

Read to find out more about amortization, an important accounting method that accounts for the reduction in value of intangible assets over time.

New research from IRIS Software Group, a leading global provider of accounting, edtech, HR and payroll solutions, reveals ...

Understanding and analyzing OCI greatly improves financial analysis, especially for companies in the financial services industry.

Accounting ‘Glitch’ or Red Flag? IndusInd Bank’s ₹1,500 Crore Shocker Explained. 27% Crash in a Day: The Hidden Accounting ...

The dent in its books was caused by a September 2023 RBI communique spelling out how banks should value derivatives. It said ...

PwC Israel, a member firm of PricewaterhouseCoopers International Limited, has three offices in Tel Aviv, Jerusalem and Haifa ...