One of FASB’s goals for its new hedge accounting guidance was to remove some of the barriers that the old accounting rules presented for hedging. “The interest is palpable, particularly from the ...
The IRS issued proposed regulations (REG-132766-18) on July 30 related to simplified tax accounting rules for small businesses and updating various tax accounting regulations to adopt the simplified ...
NEW DELHI: The ministry of corporate affairs has expanded the definition of small and medium sized companies (SMCs), making applicable the simplified accounting regime for companies with up to Rs250 ...