Continue with your mobile number
IND AS 115: Revenue from Contracts with Customers is an Indian Accounting Standard that provides guidance on how to recognize revenue from contracts with customers. It is based on the core principle that revenue should be recognized when it is probable that future economic benefits will flow to the entity and these benefits can be measured reliably. In Accounting Standards: AS 9 ‘Revenue Recognition’ provides guidance on when and how to recognize revenue from a variety of transactions. Rest of the IND AS mentioned in question deals with the following: IND AS 109 Financial Instruments IND AS 101 First time adoption of Indian Accounting standards IND AS 102 Share-based Payment IND AS 16 Property, Plant & Equipment
Which of the following is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzle...
Identify the correct statement with respect to IFSCA (Banking) Regulations 2020?
Which of the following statements are correct regarding grants provided to FinTech firms under the FinTech Incentive Scheme, 2022?
i) FinTech ent...
As per the guidelines issued by the Reserve Bank of India in June 2021, each NBFC-MFI is required to maintain not less than ______ of its net assets as ...
Face value of each debt security or non-convertible redeemable preference share issued on private placement is reduced to ……………… by SEBI rec...
Where is the headquarter of International Energy Agency (IEA)?
The concept of Corporate Social Responsibility (CSR) is based on which of the following theory?
SA 700 requires the use of specific headings which are intended to assist in making auditor’s reports, that refer to audits that have been conducted i...
In a securitization, the issuer of asset-backed securities is best describes as the:
As per RBI guidelines for ARCs, an asset becomes non-performing when the interest or principal is overdue for a period of how many days from the date o...