Most companies will have financial instruments in their portfolios. Their purpose is solely for capital appreciation and income. Let us look into the accounting and tax treatment of these financial ...

Last week, we discussed the definition of financial instrument and how it was categorized both for accounting and tax perspectives. In this second and last part of my article, I will discuss the ...

FASB on Wednesday clarified its plans regarding requirements for specific qualitative disclosures and the definition of “financial institution” that will be included in the liquidity disclosures ...

The International Accounting Standards Board is proposing to modify its financial instruments standard to deal with assets with environmental, social and governance features, as well as electronic ...

The accounting landscape for Indian companies is undergoing a fundamental shift. Multiple regulatory changes like the Companies Act 2013, IND-AS and Income Computation & Disclosure Standards have been ...