Software companies generally provide software licenses to their customers along with significant customisation services. Whether software license can be considered as a distinct performance obligation or would it be bundled along with the customisation services?

Companies generally issue foreign currency convertible bonds (FCCB). These bonds are denominated in foreign currencies and say, would be converted into a fixed number of equity shares for a fixed amount of foreign currency. Consider the conversion option lies with the holder of the instrument. Will these bonds be treated as an equity instrument or as a financial liability?

In the plant of PQR Ltd., there was a fire on 10 May 2021 in which the entire plant was damaged and the loss of Rs. 40,00,000 is estimated. The claim with the insurance company has been filed and recovery of Rs. 27,00,000 is expected. The FS for the year ending 31 March 2021 were approved by the Board of Directors on 12 June 2021. In the above example, how should the above event be disclosed in the FS for the year ended 31 March 2021?

The Model Financial Statements’ under Indian GAAP, comprises of a Balance Sheet as at 31 March 2023, Statement of Profit and Loss for the year ended 31 March 2023, Cash Flow Statement for the year ended 31 March 2023 and Notes to the Financial Statements.

Special compilation on Curated Extracts of “Qualified Audit Opinions” reported by Auditors of 20 listed companies for Financial Year (FY) 2022 & 2023. The compilation is bifurcated Company, Auditor, Industry, Type of Report, Basis for Qualified Opinion & Topic wise.

This Accounting Matters Compilation’ on the theme ‘Employee Stock Ownership/ Options Plan (ESOP) Accounting Practices’, presents relevant extracts from annual reports of sample companies, belonging to different sectors, on ESOP accounting practices, and provides deeper insights into the accounting treatments followed by the said companies, along with Greentick Expert’s observations/comments.

Veteran Auditor Mr. Dolphy D’Souza’s pens down an incisive exposition titled 'Sustainability and Sustainability Reporting – Hurdles and Challenges', whereby he broadly discusses the sustainability challenges prevailing in the current scenario along with several feasible solutions to address those challenges, and also dwells upon the emerging issues in sustainability reporting faced by companies across the globe.

In this exclusive research document, we, (1) present ESG framework of 10 leading listed Indian companies in a tabular format, (2) analyse India’s readiness in embracing ESG efficiency, and (3) enlist key takeaways while providing a brief roadmap for organisations aspiring to excel in the ESG domain.

The twelve companies covered in this Compilation are JSW Steel Ltd., Indiabulls Housing Finance Ltd., Rallis India Ltd., Adani Power Ltd., Aditya Birla Fashion and Retail Ltd., ICICI Prudential Life Insurance Company Ltd., JK Tyre & Industries Ltd., InterGlobe Aviation Ltd., Dabur India Ltd., PVR Ltd., Honda Motor Co., Ltd. and Glencore plc.

Taking Excerpts from the book titled "Accounting & Auditing – A Checklist Approach", we bring to you an extract of checklist vis-a-vis “Going Concern (Revised SA 570)”, which can be downloaded in excel format.

Taking Excerpts from the book titled "Accounting & Auditing – A Checklist Approach", we bring to you an extract of checklist vis-a-vis “AS-18 Related Party Disclosures”, which can be downloaded in excel format.

Checklists on Ind-AS – Revenue from Contracts with Customers (Ind AS 115)! Access 200 + Pointer Excel Sheet Now!