Accounting Standards

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Accounting Standards - Total results - 3
RBI again defers Indian Accounting Standards implementation by banks; requisite legislative amendments still under consideration
Business

RBI again defers Indian Accounting Standards implementation by banks; requisite legislative amendments still under consideration

The implementation of Ind AS has been deferred till further notice, the RBI said in a notification

PNB scam fallout: Indian auditing is stuck in the nineteenth century; it is time to audit the profession
Business

PNB scam fallout: Indian auditing is stuck in the nineteenth century; it is time to audit the profession

Can the auditing profession really hide behind a grass skirt given the scale of stressed assets across public sector banks?

Report costs incurred due to delay in starting projects: Govt to power cos
Corporate

Report costs incurred due to delay in starting projects: Govt to power cos

The clarification, pertaining to applicability of accounting standards, comes at a time when many power projects are grappling with multiple woes including acute coal scarcity and delay in getting requisite clearances.