Tag: Accounting & Reporting Consulting
FASB’s new ASU 2025-06 represents a meaningful shift in how organizations account for internal-use software. By moving away from rigid stage-based rules and introducing a principles-based “probable-to-complete”...
The Reserve Bank of India wants to replace its decades-old, incurred-loss provisioning system with an Expected Credit Loss framework, reshaping how banks allocate capital and report financial health. But...
BACKGROUND
In September 2025, the FASB issued ASU 2025-07, introducing targeted amendments to existing guidance on derivatives and share-based payments from customers. The update stems from ongoing stakeholder...
The report highlights that India is becoming a destination for value discovery and not just capital raising. Foreign MNC IPOs have demonstrated the maturity of India’s capital markets, the strength of...
India’s booming primary market has spawned a new class of specialists, the so-called pre-IPO or IPO readiness advisors, who are helping companies navigate the complex and high-stakes journey of going...
As global consulting giants hit billion-dollar milestones in India, homegrown firms are rising with purpose, scale, and self-reliance.
SEBI Observation
Insights from Recent IPO Observation Letters
A crucial stage in the IPO journey of any company is the regulatory review of its draft offer document by the Securities and Exchange Board...
INTRODUCTION TO IFRS 18
In April 2024, the IASB issued IFRS-18 Presentation and Disclosure in Financial Statements replacing Presentation of Financial Statements (“IAS 1”). It introduces significant changes...
Startups face unique accounting challenges amid evolving models and limited data, demanding nuanced interpretation and strong internal controls. In this article, Sandip Khetan, Co-founder & Global...
Introduction
In August 2025, the International Accounting Standards Board (IASB) introduced significant amendments to IFRS 19, the standard designed for subsidiaries without public accountability and their...
As global consulting giants hit billion-dollar milestones in India, homegrown firms are rising with purpose, scale, and self-reliance.
The decision to go public is often viewed as a funding milestone. In reality, an IPO is not just a transaction — it is a transformation. It reshapes how a company thinks, behaves, and operates.
SEBI approved amendments to the ICDR framework on anchor investor participation, broadening eligibility and reserving a portion for long-term domestic institutions while retaining retail participation...
ASC 350: Intangibles—Goodwill and Other provides an in-depth look at the objectives, recognition and measurement principles, and practical implications of ASC 350, with a particular focus on goodwill.
FASB has issued ASU 2025-05 (July 30, 2025), simplifying CECL for short-term receivables and contract assets. The update introduces a practical expedient and policy election, easing implementation while...
