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Daily Archives: May 15, 2020
Key Highlights of 2nd Tranche of Stimulus Package by Finance Minister on 14th May, 2020
Key Highlights of 2nd Tranche of Stimulus Package announced by Hon’ble Finance Minister of India Smt. Nirmala Sitharaman dated 14th May 2020. For details, please refer note :Key highlights of 2nd tranche of stimulus package by FM dated 14th May, … Continue reading
Posted in Direct Tax, Finance Budget
ICAI Guidance over “Physical Inventory Verification – Key Audit Considerations amid COVID 19”
Physical verification of inventory is the responsibility of management of the entity. Management is required to establish procedures under which inventory is physically counted at least once a year to ensure existence, condition and support valuation of inventory. Further, the … Continue reading
Posted in Audit & Assurance