Tag: Accounting & Reporting Consulting
Background Prior to the adoption of ASU 2023-08, entities, except those within the ambit of the investment-company guidance in ASC 946 or certain types of broker-dealers, accounted for crypto assets as...
Background An entity’s income tax information remains critical for the users of financial statements in understanding how an entity’s operations, related tax risks, tax planning, and operational opportunities...
Salient features of the RBI circular Currently, HFCs accepting public deposits are subject to more relaxed prudential parameters on deposit acceptance as compared to NBFCs. Since the regulatory concerns...
Goodwill is an asset arising from a business combination when a company obtains control over a business paying an acquisition purchase price that is greater than the value assigned to the identifiable...
BACKGROUND Entity’s segment information remains important and critical for Investors, lenders, creditors, and other allocators of capitals (collectively “investors”) in understanding entity’s different...
Uniqus Consultech Inc., the ESG and Accounting & Reporting Consulting company, announced a global strategic partnership with Board International (‘Board’).
BACKGROUND The RBI Governor’s Statement dated October 6, 2023 stated that certain components of personal loans were recording very high growth. He further stated that such loans were being closely monitored...
India’s top listed companies appear to have a growing problem of retaining talent. The median attrition rate of BSE 100 firms stood at 17% in the year ended 31 March, sharply up from 10% rate in 2020-21...
Executive Summary Earlier this year, the RBI issued a DP on provisioning as per the ECL approach which was largely acknowledged as a paradigm shift in how banks in India were required to provide for financial...
Overview The Securities and Exchange Commission issued new private fund advisers rules and amendments under the Investment Advisers Act of 1940 (“Advisers Act”) to enhance the regulation of private fund...
Uniqus Consultech, which started its operations in December last year as an accounting and reporting consulting, and ESG consulting firm, does not foresee any significant hiring challenge in scaling up....
SEBI’s July 2023 circular enhances ESG reporting for listed entities, emphasizing assurance, value chain disclosures, and aligning with global standards to protect investor interests.
Companies vary in accounting for platform development and technology costs, with differing approaches under Ind AS/IFRS vs US GAAP. This publication explores key considerations.
The Ministry of Corporate Affairs and SEBI have decided to implement the initial ESG audit process gradually, starting with the top 150 companies in FY23-24, followed by the top 250 listed companies in...
The deliberations on the tax impact have been ongoing since the announcement of CIT Law by UAE Ministry of Finance in January 2022 and release of the consultation paper in April 2022. While entities in...
