Tag: Accounting & Reporting Consulting

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ASC 410-20 Asset Retirement Obligations; ASC 410-30 Environmental Obligations

Purpose With changes in laws and regulations relating to environmental remediation and protection, it has become very important for entities to recognize the losses or costs that they are likely to incur...

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CFOET
Governance: The Pillar of Startup Success

In this insightful article, Sandip Khetan and Sagar Lakhani of Uniqus Consultech delve into the indispensable role of governance in fostering trust, transparency, and long-term success within India’s...

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Accounting Standards Codification 842, Leases-min
ASC 842- Leases

Purpose For many reporting entities, leasing is an important way of gaining asset access. Through leasing arrangements, lessees can finance the use of required assets, often simplifies the disposal of...

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Amendments to the classification and measurement of financial instruments (Amendments to IFRS 9 and IFRS 7) by the IASB

Uniqus' Early Impressions outlines amendments to IFRS 9 and IFRS 7, focusing on classification, measurement, and disclosure requirements. Effective for periods starting 1 January 2026.

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Guide to Accounting Standards Banner
ASC 323-Investments - Equity Method and Joint Ventures

Purpose Investors frequently enter transactions in which they make significant but not controlling investments in an entity. When investments made in common stock provide the investor with significant...

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IFRS 19, Subsidiaries without Public Accountability- Disclosures-min
IFRS 19, Subsidiaries without Public Accountability: Disclosures

IASB introduces IFRS 19, allowing eligible subsidiaries to apply reduced disclosure requirements while maintaining recognition, measurement, and presentation standards. This improves group financial reporting...

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LeaseAccelerator-Uniqus press release - 10May24_
LeaseAccelerator and Uniqus Launch Strategic Alliance for Lease Lifecycle Management

Mumbai, India, 10 May 2024 LeaseAccelerator, the leader in Enterprise Lease Lifecycle Management, announced a strategic alliance with Uniqus Consultech, a tech-enabled global consulting firm that offers...

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RBI Circular on Key Facts Statement for Loans and Advances-min
RBI Circular on Key Facts Statement for Loans and Advances

The RBI's 15 April 2024 notification introduces the Key Facts Statement (KFS) for retail/MSME loans, promoting transparency, fair lending practices, and financial inclusion.

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FRC’s update to UK Corporate Governance Code -min
FRC's Update to UK Corporate Governance Code

The UK Corporate Governance Code 2024 promotes transparency & accountability. Our publication outlines key considerations & changes, especially regarding risk management & internal controls...

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Uniqus Consultech raises $10 million in Series B Funding
Uniqus Consultech raises $10 million in Series B Funding

Mumbai, 18 April 2024   Uniqus Consultech, a tech-enabled global platform that offers ESG and Accounting & Reporting Consulting, announced today that it has raised $10 million in Series B funding....

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FASB’s Guidance on applicability of ASC 718 to Profits Interest and Similar Awards (Topic 718)-min
FASB’s Guidance on applicability of ASC 718 to Profits Interest and Similar Awards

ASU 2024-01 adds examples to ASC 718, clarifying profits interest awards' scope and classification, with implications for entities issuing such awards.

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IFRS 18 Presentation Disclosure in Financial Statements

IASB’s IFRS 18 aims to standardize income statement reporting, improving transparency and comparability. These changes will enhance financial performance assessment and stakeholder confidence.

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UniQuest - Press Release - 12th Nov JK – 1
Uniqus Consultech launches UniQuest, an AI assistant, for Financial Reporting and ESG

Mumbai, 20 March 2024 Uniqus Consultech Inc., the ESG and Accounting & Reporting Consulting company, today announced the launch of UniQuest, a web-based AI-powered research product designed to revolutionize...

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Governance issues, value destruc
Governance issues, value destruction at startups as founders feel not obligated to return capital

Co-Founder and Global Head of Accounting and Reporting Consulting at Uniqus Consultech, Sandip Khetan, noted that every startup is focused on building technology on the customer side, but isn’t equally...

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Corporate Governance updates by SCA for listed joint stock companies-min
Corporate Governance updates by SCA for listed joint stock companies

Overview The Corporate Governance framework as laid out in the Guide complies with the international standards in terms of defining the- Responsibilities / duties of the Board of Directors and the executive...

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