Equitas misses RBI mandate of listing within 3 years
Equitas Small Finance Bank (SFB), which completed three years of operations on Wednesday, has missed its listing timeline.While the holding company — Equitas Financial …
Accounting
Beware! Your money not safe; do this now
The public has been increasingly pushed by social media interactions and usage of e-commerce platforms for day to day shopping to become dependent on …
Accounting Dynamics Behind the RBI’s Big Payout to the Centre
The Reserve Bank of India (RBI) had the onerous task of adjusting the “excess reserves” from its balance sheet and then subsequently transferring it to …
Several measures underway to strengthen soundness of banking system
Guidelines on minimum balance requirements for savings bank accounts and penalty for non-maintenance will be reviewed The Reserve Bank of India (RBI) in its …
Reserve Bank Tweaked Accounting Formula on Forex Gains
Mumbai: The Reserve Bank could transfer an additional Rs 1.23 trillion from its surpluses to the government, thanks to the gains from bond buying …
New Accounting Rules Limit Transparency And Harm Investors
The focus of this report is on recent GAAP and SEC rule changes made in the name of reduced complexity and simplification, but we …
FASB proposes delaying insurance standard
The Financial Accounting Standards Board formally issued a proposed accounting standards update Wednesday to delay the effective date of its long-duration insurance standard to give companies …
IASB approves changes to DB reporting methods
The International Accounting Standards Board (IASB) has tentatively approved a series of proposed pensions accounting disclosures in a bid to address complaints that existing …
Limited Liability Partnerships on lines of Companies Act
After a crackdown on shell companies, the government’s new focus will be Limited Liability Partnerships, or LLPs. Sources aware of the development, said, “The …
Get The Most Out Of RPA In Finance And Accounting
A survey of 751 financial professionals by the Institute of Management Accountants (IMA) found that, on average, it takes roughly seven days to complete the …
