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India Gives NBFCs Two Years To Adopt New Accounting Standards

PYMNTS

The Securities and Exchange Board of India will reportedly give non-bank financial companies (NBFCs) two years to adopt and implement changes to accounting standards, the Financial Express reported Wednesday (Sept. regulators have given small businesses more time than other firms to adopt the accounting standard changes.

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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Research and Thought Leadership : The AICPA conducts research and publishes reports on emerging trends, best practices, and thought leadership topics relevant to the accounting profession. Why Should You Care?

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FP&A as foundation for banks' risk management

Future CFO

The banking industry has been facing tremendous challenges especially following the COVID-19 pandemic situation as extreme volatility remains in the market. Considering this, financial planning and analysis (FP&A) has been proven to become useful for effective strategy management and risk mitigation.

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Rising to the challenge

Future CFO

1) Balancing growth amidst inflationary pressures He observed that headline inflations hit recent highs in many markets globally and that Asia was not been spared its impacts. In many markets, the rising costs outpace the revenue growth, which means we have to run even faster just to stand still,” he pointed out.

CFO 98
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JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans

PYMNTS

The banks, combined, have set aside $66 billion for the prospect, which is likely due to the number of corporations that may have to default due to the virus’ economic destruction. JPMorgan Chase was the biggest saver of funds in an effort by banks around the world to get ahead of a spate of bad loans they believe is coming. However, U.S.

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BlackRock’s Climate-Crusade Doubletalk – WSJ

CFO News Room

BlackRock regularly makes demands such as these of its portfolio companies, requiring them to meet the standards of its “sustainability accounting standards board.”. Every savvy market participant at the time knew that Engine No. BlackRock, Exxon’s second-largest shareholder, voted for three of Engine No.

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What is Net Book Value?

The Finance Weekly

This accounting principle offers an insightful perspective into a business's worth , underlining the importance of financial reporting in today's market dynamics. Its relation to depreciation highlights why NBV generally falls below the market value in the initial years of an asset's lifespan.

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