In April 2004, FASB and the International Accounting Standards Board (IASB) created a joint project on financial statement presentation. The project is part of the memorandum of understanding between ...

Businesses commonly prepare condensed financial statements in addition to the traditional financial statements. Internal preparation of these documents serves several legal purposes and commonly ...

ICAI provides a one-year relaxation for two new Guidance Notes on financial statements for non-corporate entities and LLPs, making their application voluntary for ...

Navigating the path to becoming a publicly traded company is a significant milestone for any organization. As a micro-cap IPO advisor and investor, I’ve witnessed how the success of this transition ...

Fraud is a serious concern that can have devastating consequences. With uncertainty about the economy — be it a recession, a soft landing, or something else — there may be no better time than now to ...

Even if you provide completely accurate numbers during a financial presentation, you can give misleading information, a lack of context, and a report that leaves attendees scratching their heads.

The Ministry of Finance (MoF) convened the“Annual Forum on the Preparation of Financial Statements for Federal Entities for the Fiscal Year 2024” in Dubai, as part of its commitment to enhancing ...

A meeting of the Employees’ Provident Fund Organization has decided to hire two Chartered Accountant firms for the preparation of Annual Financial Statements of the EPFO, and to facilitate the ...