Limitations on transactions between related parties include restrictions on installment sales of property and potential ...

The High Court has delivered a landmark ruling in Pagden v Core VCT PLC establishing that liquidators cannot limit their personal liability through contractual provisions, even with shareholder ...

Environmental accounting integrates environmental costs, benefits, risks, and externalities into mainstream financial management and reporting. It equips boards, audit committees, and management with ...

This article provides an expert-level, practice-oriented treatment of the accounting for provisions, contingent liabilities and contingent assets under the Indian Accounting Standards framework. It ...

Objective: considering the current level of transparency in the financial statements of Brazilian insurers, this study sought to assess whether it was possible to estimate the sufficiency of the ...

Ramco Cements has resolved a dispute regarding the disallowance of CENVAT (Central Value Added Tax) credit on outward freight, leading to a reduction in contingent liabilities by ₹1.11 Crores. The ...

A 2017 settlement between the US Department of Justice and Credit Suisse relating to residential mortgage-backed securities is finally nearing conclusion. UBS, which acquired Credit Suisse in 2023, ...

NDTV Board Approves Raising ₹400 Crore Through Rights Issue To Eligible Shareholders Mumbai: HDFC Bank on Saturday posted a 1.31 per cent decline in its consolidated net profit to Rs 16,258 crore for ...

A potential sale of 11 Skies, a mall located near Hong Kong’s international airport in Chek Lap Kok, could help New World Development (NWD) lighten its debt burden as the developer steps up efforts to ...

Section 13(b)(2)(B) of the Securities Exchange Act of 1934 (“Exchange Act”) (“IAC Provision”) requires public companies to have “internal accounting controls” that, broadly speaking, are sufficient to ...

The AICPA outlined its concerns to Congress about provisions in the tax bill that could hurt the accounting profession, including a section that allows long-debated contingent fees that it described ...

At first glance, accounting judgments may appropriately be viewed as routine accounting practices done in the normal course of business: estimates required due to business uncertainty, and assumptions ...