Statements required by Generally Accepted Accounting Principles (GAAP) are the balance sheet, the income statement, and the statement of cash flows. The balance sheet provides an overview of ...

For accountants, efficiency is everything. Yet, manually entering bank statement data remains one of the most tedious and error-prone tasks in ...

Statement 2025 has landed, and while it didn’t exactly bring fireworks, it did bring some firm updates (and a few eyebrow-raisers) for ...

PwC has concluded its accounting review of IndusInd Bank's derivatives portfolio, submitting draft findings to management ...

The Governmental Accounting Standards Board is looking for feedback on its preliminary proposals associated with accounting ...

The update notes that using AR-C section 70 is optional, but accountants can choose to apply it in full or in part as they ...

IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a ...

The Reserve Bank of India (RBI) on Saturday issued a statement regarding an accounting error worth ₹2,100 crore which IndusInd Bank uncovered. “The Reserve Bank ...

The Public Company Accounting Oversight Board was active with enforcements in 2024, but President Trump's deregulatory ...

The retailer asserts it overpaid executives after an accounting error led to an overstatement of 2023 EBITDA by $81 million, ...

Earlier reports had suggested that PwC had indeed submitted its report to the IndusInd board, further stating that the board ...