Tag: Accounting & Reporting Consulting

Recommendations on Accounting for Goodwill-min
Recommendations on Accounting for Goodwill, issued by the International Organisation of Securities commissions

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...

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FASBs_Amendments to Segment Reporting Disclosure Requirements (Topic 280)min
FASBs’ Amendments to Segment Reporting Disclosure Requirements (Topic 280)

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...

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Press Release - Board International
Strategic Partnership with Board International

Uniqus Consultech Inc., the ESG and Accounting & Reporting Consulting company, announced a global strategic partnership with Board International (‘Board’).

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Regulatory measures towards consumer credit-min
Regulatory measures towards consumer credit and bank credit to NBFCs issued by the Reserve Bank of India on 16 November 2023

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...

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In charts Why India Inc is finding it tough to retain talent
In charts: Why India Inc is finding it tough to retain talent

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...

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shutterstock_2480318089
Implementation of Ind AS by banks in India

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...

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Private Fund Adviser (PFA) Rules-min
Private Fund Adviser (PFA) Rules

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...

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Talent from big consulting firms looking at Uniqus ‘very positively’, hiring no challenge
Talent from big consulting firms looking at Uniqus ‘very positively’, hiring no challenge

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....

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Master Direction
Master Direction - Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2023

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.

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Platform
Accounting Considerations related to platform development and technology costs

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.

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SEBI’s new ESG regulations pose challenges for top firms
SEBI’s new ESG regulations pose challenges for top firms

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...

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UAE Corporate Income Tax Uniqus explains why it’s important to join the discussion on impact beyond tax
UAE Corporate Income Tax: Uniqus explains why it’s important to join the discussion on impact beyond tax

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...

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UAE Corporate Income Tax- Considerations-banner
UAE Corporate Income Tax: Considerations beyond tax

The Federal Tax Authority has issued the Federal Decree Law No. 47 of 2022 on “Taxation of Corporations and Business” (the “CIT Law”) which levies a form of direct tax on corporations and business profits...

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Investor communication and non-GAAP metrics
Investor communication and non-GAAP metrics

GAAP stands for Generally Accepted Accounting Principles, which includes Indian GAAP, Ind AS, IFRS, US GAAP, or any other prescribed accounting framework. GAAP lays down a uniform set of rules and formats,...

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New consultech firms opens office in Dubai
New consultech firms opens office in Dubai

Uniqus Consultech, a tech-enabled global consulting firm, inaugurated its Dubai office on Thursday. The company was founded by Jamil Khatri, ex-global head of Accounting Advisory Services and part of the...

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