The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
Article Budget 2023 expectations of retail sector
Top 5 budget 2023 expectations of retail sector
At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
Article Post-Budget Article: Impact on the Automotive Sector
The forward-looking approach adopted in the budget towards this sector has been in alignment with the government’s goals of promoting Aatmanirbhar Bharat and moving firmly towards net-zero carbon emissions by 2070, shares Saket Mehra in this insightful article in Financial Express.
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This edition of the Monthly GAAP Bulletin that summarises significant accounting, auditing and regulatory updates. This publication has been compiled to meet the needs of dynamic Indian businesses and focuses on key developments in India and across the globe.
This edition covers updates for November 2021.
Quick snapshot of some key updates
India updates – Effective
Companies Act updates
- MCA relaxes filing of certain e-forms without levy of additional fees
- Revised formats for financial reporting under Regulation 52 of SEBI LODR Regulations for debt listed companies
- Amendments to SEBI ICDR Regulations relating to eligibility requirements for an Initial Public Offer
Other regulatory updates
- Revised Regulatory Framework for NBFC
India updates – Proposed
- Exposure drafts of amendments to various engagement and quality control standards and other documents
International updates - Effective
- FASB provides practical expedient to private companies for equity classified shared based awards
- New FASB standard improves consistency in accounting for acquired revenue contracts in a business combination
Monthly GAAP Bulletin: December 2021
The latest edition of the Monthly GAAP Bulletin that summarises significant accounting, auditing and regulatory updates