ITAT Mumbai held that an accrued business liability supported by evidence is deductible under Section 37(1) despite future payment, while rejecting a capital receipt ...

As the United States celebrates its semiquincentennial, explore the history of the accountancy profession’s essential role in ...

A practitioner-led initiative to spark high school students’ interest in an accounting career is showing promising results.

Becoming a Chartered Accountant (CA) in India is no child's play, ask any aspirant, and they will likely tell you the same.

AI will change the first few years of an accounting career but doesn't reduce the need for people who understand the numbers.

In a fast-spreading nationwide effort, the accounting profession has addressed the ongoing talent shortage by altering what ...

IN BRIEF Fraud risk management has become increasingly important in the current business environment. How CPAs can best apply ...