This free web-based image editor gives Photoshop a run for its money
Let’s skip all that. Today’s tool is an easy, free, and completely browser-based image editor that doesn’t need any accounts ...
Indiatimes2d
ICAI may review financial statements of IndusInd Bank amid accounting discrepancies
The ICAI may review IndusInd Bank's financial statements due to accounting discrepancies estimated at Rs 2,100 crore. The discrepancies, noted in the derivatives portfolio, could impact 2.35% of ...
The CPA Journal6d
An Accounting Educator’s Roadmap to Task-Based Simulations on the New Uniform CPA Examination
In Brief Under the direction of CPA Evolution Initiative the new Uniform CPA Examination has updated to test more rigorously ...
Business Line5d
Derivatives accounting hit: IndusInd Bank’s stock loses about a quarter of its value in a single day
The estimated hit of about ₹1,500 crore to the balance sheet due to discrepancies in the accounting of derivatives portfolio, shorter tenure approved by the regulator to the CEO, and concerns on ...
Accounting Today6d
Art of Accounting: 5 reasons for growth failure and what to change
Reason 3: You run your firm as if it were a CPA practice and not a business. You are in a business that happens to perform professional accounting services. You are first a business owner and manager ...
The Hindu2d
ICAI may review financial statements of IndusInd Bank amid accounting discrepancies
Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting estimated to be ₹2,100 crore. The private sector ...
Business Line4d
BL Explainer: IndusInd’s derivative accounting: Decoding the discrepancies
The bank disclosed that an internal review found discrepancies in the process followed in accounting for certain derivatives, that will have a one-time impact of an estimated ₹1,500 crore or 2. ...
AI Startup Digits Takes on QuickBooks with the World's First Autonomous General Ledger for Accounting; Xero Co-founder Craig Walker Joins Digits
With this launch, Digits welcomes industry veteran Craig Walker, Co-founder and former CTO of Xero, to its leadership team. “Digits has fully harnessed the power of AI. The categorization is magical.
The Hindu5d
IndusInd Bank stock crashes 27% amid expectation of lower net worth on accounting discrepancy
IndusInd Bank (IIB) stock slipped 27%, at the NSE, to ₹656.80 on March 11, a day after the bank flagged an adverse impact on its net worth due to a discrepancy on accounting for derivatives ...