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What are the different types of audit reports in India?

“Two-thirds of the Earth’s surface is covered with water. The other third is covered by auditors from headquarters.” – Norman Ralph Augustine  Yes, auditors are equally important for the corporates as is water for life on…

How is IFRS different from GAAP?

Of late, International Financial Reporting Standards (IFRS) Vs Generally Accepted Accounting Principles (GAAP) has been one of the most debatable topics of discussion in the world of accounting. IFRS is the accounting method having universal…

IFRS Course: All you need to know about IFRS Diploma Certification

IFRS course by the Association of Chartered Certified Accountants is one of the most appreciated and respectable qualifications in International Financial Reporting Standards across the globe. The diploma course by ACCA is designed to develop…
5 Most Trending Career Profiles in Finance
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5 Most Trending Career Profiles in Finance

The world as we must be aware is in a constant state of change. This holds true, especially for the financial domain. Finance, one of the most important departments of any corporation has changed considerably in the last decade. A few years…
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TOP 6 TRENDS IN FINANCIAL SERVICES INDUSTRY

Without a doubt, 2017 has been an unsteady year for financial services; with political changes, economic risk, and designing various administrative changes coming into effect in 2018. Let’s explore in this article, what are the top 6 trends…
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Banking and Finance: Top 5 Most Trending Jobs in the Industry!

In this article we explore 5 of the most trending jobs in Banking and Finance industry.. The world as we must be aware is in a constant state of change. This holds true, especially for the financial domain. Finance, one of the most important…
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IFRS 15: What does the new kid on the block has in store?

Revenue recognition is an integral element of accounting. The time of sales, the delivery of the product/ service to the customer and the kind of contract are few factors that determine when and how the revenue will be recognized. The process…
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IFRS 9 Explained - Meaning, Changes, & Expectations

As you might know, we have some revised accounting standards from IFRS. IFRS 9 and IFRS 15 become effective on 1st of January 2018, while IFRS 16 is slated for 2019. These accounting standards are replacing the existing ones with an aim to…

IFRS – US GAAP and Indian GAAP – A comparative study

As the name suggests US – GAAP is the accounting standard used by the US registered companies in Security Exchange Commission (SEC) and Indian GAAP is for Indian companies in India. IFRS (International Financial Reporting Standard) is the…

A Year after IFRS introduction in India

IFRS or International Financial Reporting Standards has simplified the entire accounting process for companies across regions and countries. A look through at how it has affected the Indian accounting standards since its introduction in April…