The Institute of Chartered Accountants of India is set to implement a new accounting standard requiring companies to classify ...

income statement, and statement of cash flows. Not all financial statements are created according to the same accounting rules. The rules used by U.S. companies are called Generally Accepted ...

The Financial Accounting Standards Board (FASB) requires companies to report their OCI separately from their net income on their financial statements. You can find it as a separate line item on ...

As the bridge between a nonprofit’s operations and its stakeholders, financial statements can be a powerful storytelling tool ...

One such initiative is the integrated tax preparation program, where accounting and law students jointly operate Volunteer Income Tax Assistance sites ... essential is contingency reporting in ...

Dormant Companies are required to Conduct at least one board meeting in each half of the calendar year, with a minimum gap of 90 days between two meetings. Dormant Companies are required maintain ...

An IndusInd Bank spokesperson stated, “IndusInd Bank hereby clarifies that the bank has not received any report from external agencies conducting the review.” ...

Lower income households ... of Wednesday's spring statement. It said a fall of this scale had only been exceeded historically by the early 1990s recession and the 2008 financial crisis and fallout.

Based on the findings of the external agency report, the private bank has assessed an adverse post-tax impact of 2.27 per cent on its net worth as of December 2024, attributable to the discrepancies.

SIX SWISS Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI), reaffirmed its financial outlook for its fiscal year ended March 31, 2025.

GAAP, or Generally Accepted Accounting Principles ... by most companies in press releases and financial statements. This isn't a true GAAP number for income, but it makes it a little easier ...