Author Archives: admin

The Impact of COVID-19 on Financial Reporting

The coronavirus outbreak (COVID-19) has significantly impacted several business across the world due to business shutdowns and obstructed the smooth functioning of business operations by interruptions of production, supply chain disruption, reduction in sales and profitability, unavailability of personnel, etc. Auditors … Continue reading

Posted in Audit & Assurance |

Some Due Dates Not Extended & Some Relaxation Not Granted vide Press Release dated 24.03.2020

Some due dates that do not appear to be extended and some relaxations that do not appear to have been granted by Ministry of Finance vide Press Release Dated 24-03-2020 have been summarized in the attached pdf. Points Not covered … Continue reading

Posted in Direct Tax, GST, Regulatory |

Key Highlights on Tax and Regulatory Matters proposed by Hon’ble Finance Minister of India Smt. Nirmala Sitharaman on 24th March 2020.

Key highlights of the announcements pertaining to relief in certain tax and regulatory compliances proposed by Hon’ble FM Finance Minister of India Smt. Nirmala Sitharaman vide her address to nation dated 24th March, 2020 are summarised in the attached pdf. … Continue reading

Posted in Direct Tax, GST, Regulatory |

Artificial Intelligence and Risk Advisory

Artificial Intelligence, or AI, is no longer the exclusive tool of limited entities such as defense organizations, instead, AI is now present everywhere and impacting all walks of life. From gaming to films and from manufacturing to services, AI is … Continue reading

Posted in Risk Advisory |

Being a Risk Advisory Professional – New Expectations

In recent times, few instances were noted where Risk advisory professional was accused of being gross negligent and consequently either arrested or barred from practice as Chartered Accountant. It’s being said that if there is anything wrong happening in the … Continue reading

Posted in Risk Advisory |