Latest IFRS Model

Features & Impact of the Latest IFRS Model on Financial Statements

IFRS (International Financial Reporting Standards) are a set of accounting standards developed by the International Accounting Standards Board (IASB) to provide a global framework for how public companies prepare and disclose their financial statements. The goal of IFRS is to create a common accounting language that enhances transparency, accountability, and comparability of financial information across […]

New-Age Accountant Evolution

Evolution of the New Age Accountant

Since inception, the accounting career and profession encompasses significant evolution in principle and practices. The decade old manual bookkeeping systems to maintain financial records sometimes with handwritten ledgers and hefty paper works has been partially replaced by use of computers and software like QuickBooks to some extent. This resulted in a generation of stereotyped but […]

FMAA

FMAA – The New ‘Paradigm Shifter’ in Accounting and Finance

FMAA (Financial and Managerial Accounting Associate) is the new entrant from the portfolio of Institute of Management Accountants (IMA) that was introduced recently and is being considered as a path breaking foundational certification course for accounting and finance professionals. Acquiring the FMAA certification will help the professional, particularly at the entry level to make them […]

Data Analytics in Accounting and Finance

Why do we need Data Analytics in Accounting and Finance?

All our accounting and finance buddies are well versed with financial data in their day in day out business. Then why does this data analytics separately mean for them? To address this, it has to be admitted that companies nowadays have access to more information than ever before. In fact, this is substantiated by the […]