Entities, specially banks and NBFCs, enter into contracts with securitisation vehicles for assignment/ securitisation of loans. Whether assignment/ securitisation of loans for managing liquidity would be inconsistent with the classification of loan portfolio at amortised cost (Hold to collect) at the time of Initial recognition?

While constructing/ building items of property, plant and equipment (PPE), viz. factories, plant and machinery, etc., companies generally incur expenditure on the cost of dismantling existing structures on the site of construction/ development, also known as 'demolition costs'. Whether such costs should be capitalised in the cost of PPE?

Whether cash discounts expected to be allowed for prompt payment should be considered while determining the net realisable value of the inventories?

The 'Model Ind AS Financial Statements' comprises of a Balance Sheet as at 31 March 2024, Statement of Profit and Loss for the year ended 31 March 2024, Statement of Changes in Equity for the year ended 31 March 2024, Statement of Cash flows for the year ended 31 March 2024 and Notes to the Financial Statements.

Special compilation on curated extracts of “Qualified Audit Opinions” reported by Auditors of 6 listed companies for FY 2023 & FY 2024. The compilation is bifurcated Company, Auditor, Industry, Type of Report, Basis for Qualified Opinion & Topic wise.

This article aids industry personnel and practitioners in identifying, assessing, and addressing the real concerns faced by companies (or that companies may face) while applying CSR requirements in Financial Statements.

The eight companies covered in this Compilation are Hindustan Unilever Ltd., Hindustan Petroleum Corporation Ltd., Reliance Industries Ltd., DLF Ltd., Hero MotoCorp Ltd., Tata Communications Ltd., Zomato Ltd., Glaxosmithkline Pharmaceuticals Ltd.

Veteran Auditor Mr. Dolphy D’Souza’s discusses the pioneering work done by some well established companies spanning across wide array of areas such as “energy management or efficiency, social development, water and waste management, innovative products or solutions, sustainable production, sustainability linked financing and sustainable construction.”

This article aims to address most pressing questions that arise for first-time reporters: 1. Which framework should we follow?; 2. Which matters should be disclosed in a sustainability report?; 3. What details of the identified matters should be disclosed in the report?; 4.How do we ensure that our business has sound business practices to capture sustainability-related information?

Exclusive excel-based timely dossier titled “CARO Checklist”, applicable from financial year 2022-23.

Taking Excerpts from the book titled "Accounting & Auditing – A Checklist Approach", we bring to you an extract of 60+ Pointer checklist vis-a-vis “AS-10 Property, Plant and Equipment”, which is divided in three parts.

Checklists on Ind-AS – Impairment of Assets (Ind AS 36)! Access 91 Pointer Excel Sheet Now!