Question
A company takes office space on a 5-year lease. As per
Ind AS 116, what should be recognized in books at commencement?Solution
Ind AS 116 requires lessee to recognize a Right-of-use (ROU) asset and a lease liability for all long-term leases.
In January 2022, the government converted with RBI, Rs.1.2 lakh crore worth of government securities and oil bonds maturing in next 3 years with bonds o...
What was the outcome of the G7 summit regarding coalfired power plants?
Which of the following statement about Indian Depository Receipt is correct?
How many layers of NBFcs have been specified as per recent regulations by RBI in 2021?
The National Company Law Appellate Tribunal (NCLAT) recently approved the transfer of ownership of Jet Airways to which consortium, upholding the Nation...
In December 2021, SEBI constituted an Advisory committee for Leveraging Regulatory and Technology Solutions (ALeRTS). This committee is headed by ______?
The name of an instant and paperless overdraft facility upto 25 lakhs launched by ICICI for MSMEs is……………
Resolution Plans involving restructuring / change in ownership in respect of accounts where the aggregate exposure of lenders is …………………�...
NSDC International and Perdaman got into a partnership to create an interface between Indian skilled youth and market opportunities in which of the foll...
Lenders shall report credit information, including classification of an account as SMA to Central Repository of Information on Large Credits (CRILC), o...
