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...
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,...
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...
The Ministry of Corporate Affairs notified Companies (Ind AS) Amendment Rules, 2023, effective from 1 April 2023, impacting entities reporting under the Ind AS framework.
With rising use of non-GAAP measures, regulators like SEC and SEBI focus on KPIs in offering documents. This publication analyzes and shares our perspective.
The exposure draft offers guidance on transferring capital reserves to free reserves, addressing triggers and clarifying the use of reserves under Indian accounting standards.
India’s mutual fund industry, now with ₹39.46T AUM, adopts Ind AS from April 2023. SEBI mandates new financial statement formats and detailed disclosure requirements.
RBI's DP proposes IFRS 9-aligned ECL guidelines for banks. Uniqus shares insights based on global experience, addressing key implementation issues and offering regulatory feedback.
The proposed approach in the DP on ECL is principlesbased along with regulatory backstops, wherever necessary. The DP seeks to cover all scheduled commercial banks and covers most financial assets within...
Over the last two decades India has established a vibrant startup ecosystem. The Indian VC community has played a crucial role in this journey. Until 2022, the significant liquidity in the financial systems...
In 2022, accounting firm Ernst & Young decided to split its auditing and consulting businesses to avoid conflict of interest, in a move that reignited an age- old debate on whether it is ethical for accounting...
Proposed Ind AS 1 amendments clarify liability classification, remove carve-outs, and address covenant breaches and convertible debt to align with global financial statement principles.
Tech-backed global platform Uniqus Consultech Inc, founded by former KPMG and EY executives, on Thursday said it has secured $12.5 million (around Rs 96 crore) by selling a minority stake in a Series A...
Uniqus Consultech Inc, a tech-enabled global platform that offers ESG and accounting and reporting consulting services, has raised $12.5 million by selling a minority stake in a Series A funding round...
Uniqus Consultech, a tech-enabled global platform that offers ESG and accounting advisory services, has raised $12.5 million in a Series A fundraise. The startup, which has been co-founded by ex-Big Four...