Accounting Norms

Experts call for systemic change in accounting, ESG to reflect true value

Income statements in the US haven't changed since maybe 1920

My report to President on govt accounting reform not made public yet: ex-CAG Mehrishi

Rajiv Mehrishi says as India's Comptroller and Auditor General he had submitted a report to the President under Constitution's Artcile 150 'advising on form and nature' of accounts' in March-April 200

UK lawmakers want Big Four accounting firms broken up amid audit failures

EY, KPMG, Deloitte and PwC have sought to head off being split up by voluntarily agreeing not to offer consultancy services to audit clients

India Inc adheres to new accounting format

Some smaller firms missed deadline citing practical difficulties

New a/c rules to hit FMCG firms' revenues

Switch to Ind-AS standards reclassifies many items; margins could also take a hit

New accounting norms to hit banking, telecom firms most

Adoption of Ind AS will impact net worth, earnings