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 ...

PwC signed off on WHSmith’s accounts for the three years where the retailer has subsequently disclosed an overstatement of ...

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 ...

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

Another downward revision for North American FY25 profits is a further blow for the pure-play travel retailer.

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 ...

Shares of Barnes & Noble Education ( BNED) were launched more than 36% higher at Tuesday’s open after the company released ...