Institute of Chartered Accountants of India

MCA notifies new accounting normal Ind AS 117 on ‘insurance coverage contracts’

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In a game-changing growth, the Company Affairs Ministry (MCA) has notified the much-awaited new accounting normal on ‘Insurance coverage Contracts’ (Ind AS 117), setting the stage for a serious overhaul of accounting practices within the insurance coverage business.  The brand new Accounting Commonplace (Ind AS 117), which might be relevant from April 1, 2024, would … Read more

Ease of Doing Biz: ICAI Seeks Members’ Insights on Firm Guidelines Revamp

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CA Institute, which is world’s largest accounting physique, has invited solutions from its members on the adjustments mandatory in present Firm Legislation associated guidelines in order to reinforce Ease of Doing Enterprise and have a strong company governance framework.  Additionally learn:ICAI enters into MoU with 11 Universities Members have been requested to ship of their … Read more