Covid-19: amendments to IFRS 16 Leases

Covid-19: amendments to IFRS 16 Leases

The International Accounting Standards Board (IASB) has issued an amendments to IFRS 16 Leases to make it easier for lessees to account for Covid-19-related rent concessions such as rent holidays and temporary rent reductions The amendments to IFRS 16 Leases […]

XBRL US publishes DQC 12th Ruleset

The XBRL US Data Quality Committee (DQC) has finalized, approved, and published its 12th Ruleset for public review. The DQC helps enhance data accuracy by providing US GAAP and IFRS filers with freely available automated checks that can test an XBRL […]

India Strengthens Banking Regulation - Several Measures taken by RBI

India Strengthens Banking Regulation

Several measures underway to strengthen soundness of banking system; RBI Annual Report 2018-19 Guidelines on minimum balance requirements for savings bank accounts and penalty for non-maintenance will be reviewed The Reserve Bank of India (RBI) in its annual report 2018-19 […]

SEC

XBRL US Data Quality Committee Approves 7th Ruleset

The XBRL US Data Quality Committee (DQC) has finalized, approved, and published its 7th Ruleset which includes 13 types of validation checks for filings prepared using the US GAAP Financial Reporting Taxonomy as well as two guidance documents. The DQC […]