The Tribunal held that book profit on sale of a motor vehicle cannot be taxed separately when the sale value is already reduced from the block. It ruled that taxing such profit would cause double ...

Public Company Accounting Oversight Board (PCAOB), the non-profit responsible for overseeing financial audits. It was also a ...

Kotak highlights discrepancies in cash flow reporting, including a mismatch between cash spent on fixed assets and the actual ...

A new Accounting Standards Update establishes previously missing GAAP guidance related to the recognition, measurement, and ...

We are an employee owned business, and paid our staff a profit share. Our external accountant (I am just the bookkeeper) has treated it in the stat ...

One day it’s January, and the next it’s already December—and the stack of invoices and inventory logs you meant to keep up ...

Accounting automation allows accounting firms to offer real-time insights to clients by reducing the time spent on manual processes. It creates space for ...

BDO is the closest by revenue to the Big Four accountancy firms — Deloitte, EY, PwC and KPMG. The first three reported ...

The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

Ola Electric has set 12% of costs as unallocated expenses in the September quarter, double from the year-ago period. Context: ...

Brokerages raise alarms over Kaynes Tech's accounting practices and cash flow issues, highlighting governance gaps and heavy ...

“Having a farm accounting platform that easily looks at different field profit centers so we know where we're making money ...