During the year 2012, ICAI had first issued a Guidance Note on “Accounting and Auditing of Political Parties” as desired by the Election Commission of
Category: Economics and Financial Reporting
UK CFC exemption rule to the extent financing connected with UK activities constitutes ‘illegal state aid’
UK CFC rules reallocate profits to the UK Company which are artificially diverted to an offshore subsidiary (located in low or nil tax jurisdiction) in
Intelligent Financial Reporting – Differential Accounting Chaos
As I discussed in my previous article that Intelligent Financial Reporting is something which will focus on single reporting or one reporting concept, whether it
Political Corporation with Revenue Motive
A political party is considered as an organisation which runs for cause of public good and has a non profit motive. Now the question which
Intelligent Financial Reporting
In today’s age Financial Reporting has become the one of the prominent aspect of the economy. With the ability of the small retail investors channelizing