Discover how the FIFO method simplifies COGS calculations, using examples and comparisons to enhance your financial ...

Former IRDAI members Nilesh Sathe and Thomas Devasia explain the Insurance Amendment Bill, 100% FDI move, and why composite ...

IFRS 18 and Ind AS 118 will standardise profit-and-loss presentation, redefine operating profit, and regulate management-defined performance measures. The change aims to improve transparency, ...

"Accountability breeds Response-ability", the words of Stephen Covey explain the various sustainability reports, ESG reports, UN-SDG mapping, and other publicly available data sources designed to ...

Securities and Exchange Commission chairman Paul Atkins issued a warning that the SEC might eliminate a rule that allows multinational companies to present their financial statements in accordance ...

The International Accounting Standards Board (IASB) has taken a significant leap towards enhancing transparency and comparability in financial reporting with the issuance of IFRS 18 – Presentation and ...

In accounting, a principles-based on approach is the most popular accounting method globally because it is usually better to adjust accounting principles to a company's transactions, rather than ...

International Financial Reporting Standards (IFRS) 17 introduced a new way of financial reporting for insurers and reinsurers, fundamentally changing how they recognise and measure insurance contracts ...