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All about MSMEs-Part 1
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What’s MSME? MSMEs stands for Micro, Small, and Medium Enterprises. MSME Development Act, 2006 is the principal legislation governing MEM...
All about Forensic audit- Part 2
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Techniques used in forensic audit The techniques used in Forensic Auditing include general tools used for auditing as well as specialis...
All about Forensic audit- Part 1
›
What is Forensic audit? Forensic audit is investigative examination of financial records of an entity, to examine whether there’s fraud, ...
Customs: Voluntarily revision of entries post clearance-Sec 18A
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Why is this in news? Insertion of new section 18A in Customs Act, as introduced by the Finance Act, 2025 in Budget 2025 What is t...
RBI bars prepayment penalty on floating rate micro, small business loans
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What is prepayment penalty? Prepayment penalty also known as foreclosure charges is a levy on the borrower, charged to compensate lendi...
Quality Review Board. What is it?
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What is Quality review Board? QRB is a statutory body established by the Central Government under Section 28A of the Chartered Accountan...
Amendment to Ind AS 21 in 2025
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What is the amendment in Ind AS 21 all about? On 07th May 2025, MCA issued notification amending Companies (Indian Accounting Standard...
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