Articles by CA Sanat Pyne

Navigating Revenue Recognition: A Comprehensive Guide to IND AS 115

CA Sanat Pyne 25 June 2024 at 08:40

The core principle of IND AS 115 is that revenue should be recognized to reflect the transfer of promised goods or services to customers in an amount that represents the consideration to which the entity expects to be entitled.

Corporate Litigation: The Crucial Role of Board Oversight and Auditor's Responsibility

CA Sanat Pyne 02 May 2023 at 08:41

Corporate litigation refers to the legal disputes that arise between a company and another party, such as customers, shareholders, employees, suppliers, or regulators.

Understanding Collective Bargaining in India: Legal Framework, Process and Case Studies

CA Sanat Pyne 01 May 2023 at 08:53

Collective bargaining is a process of negotiation between employers and employees, typically represented by a union, to determine the terms and conditions of employment.

Pros and Cons of Employee Moonlighting: A Comprehensive Guide for Employers

CA Sanat Pyne 29 April 2023 at 14:24

Employee moonlighting refers to the practice of employees working a second job or engaging in additional paid work outside of their primary employment. It's a relevant and important topic because it affects both employees and employers.

Understanding Intellectual Property Rights: An Overview

CA Sanat Pyne 27 April 2023 at 08:50

Intellectual Property Rights (IPR) are a set of legal rights given to individuals or entities who create or innovate in the fields of arts, literature, inventions, trademarks, and designs.

Understanding IND AS 32: A Guide to Financial Instruments Presentation

CA Sanat Pyne 26 April 2023 at 08:47

The purpose of IND AS 32 is to provide transparent and relevant information about financial instruments to stakeholders, including investors, lenders, and regulators.

An Overview of IND AS 41

CA Sanat Pyne 25 April 2023 at 08:47

IND AS 41 is a standard issued by the Institute of Chartered Accountants of India (ICAI) that provides guidance on the accounting treatment for agricultural activity. The objective of IND AS 41 is to ensure that the financial statements of entities engaged in agriculture provide relevant and reliable information about their agricultural activities.

Cyber Security Overview

CA Sanat Pyne 24 April 2023 at 09:00

Cybersecurity refers to the practices, technologies, and measures that are taken to protect digital systems, networks, and devices from cyber-attacks, data breaches, and other malicious activities. In today's increasingly digital world, cyber security has become a critical concern for individuals, businesses, and governments alike.

A Comprehensive Guide to Auditing Property, Plant and Equipment (PPE) in India

CA Sanat Pyne 21 April 2023 at 08:52

Auditing Property, Plant, and Equipment (PPE) is an important task for any auditor. PPE is a significant asset for most companies and represents a substantial portion of their total assets.