This year's uncertainty in Washington is resulting in an unclear tax landscape, especially with deductions from real estate holdings and capital expenditures.

Grace Cartin, Partner at Deloitte in Belfast, outlines what businesses need to know about changes to the UK accounting standard FRS 102.

A practicing Chartered Accountant shall not accept, in a financial year, more than “60” tax audit assignments under Section 44AB of the Income Tax Act, 1961. In the case of a CA firm, 60 shall be the ...

Accounting professionals understand how depreciation impacts financial statements and use this knowledge to analyze a company’s financial health. This strategy helps align assets with the ...

ICAI have brought ana mazing guidance note on Financial Statements of Non-Corporate Entities, this move will help in ...

In the first quarter, the AI-powered voice solutions provider continued to post strong revenue growth, but its sizable losses ...

In a world where technological advancements are driving organizational efficiency, Koteswara Rao Yarlagadda delves into the transformative impact of modern methodologies in fixed asset management and ...

The "big beautiful bill" touted by President Trump is getting closer, though the timeline remains imprecise.

Explore how Nigeria's public debt surged by N57.3tn within 18 months. Understand the implications of this financial trend.

Image source: Getty Images. The accounting of amortization and depreciation is essentially the same. So, for our example, we can simplify the process and just consider a simple equipment purchase.

Company reports quarterly revenue of $1.4 million; net loss and earnings per diluted Share of $6.6 million and $1.74 ...