AAOIFI aims to develop this standard as a clear and integrated framework to regulate Ijarah contracts of identified tangible ...

The global accounting rule-writer could pivot toward tackling a trio of projects as it weighs a possible delay in crafting its next work plan.

Here are six areas in which small business owners are feeling pressure where your advisory services may help them.

I need to write off a substantial (100k+) bad debt, and hence claim the VAT back. Debt is old but not ancient, so happy that any current rules will apply.

ITAT Delhi overturns an AO's ad-hoc disallowance of 90% of revenue expenses for a real estate company, upholding the use of the Percentage of Completion Method and ICAI's accounting ...

In a notice issued Tuesday, the IRS said it intends to partially withdraw proposed regulations and issue revised proposed ...

A clear takeaway from the report is the rising popularity of passive investing, which now makes up 17% of total mutual fund AUM. Though active funds still dominate in volume, the data signals a slow ...