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“Accounting Standards Codification 205-20, Presentation of Financial Statements — Discontinued Operations”

Our ""Uniqus' ASC Insights Series: Guide to Accounting Standards"" combines our collective expertise to provide a comprehensive yet concise understanding of the various Accounting Standard Codifications (ASCs). This series is an invaluable resource for accounting professionals, offering detailed analysis, illustrative examples, and a Uniqus point of view. These publications support your professional journey, helping you navigate complex accounting scenarios and deepen your knowledge.
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RBI draft circular on review of haircuts on HQLA and run-off rates on certain categories of deposits

On 9 June 2014, The Reserve Bank of India (‘RBI’) issued a circular titled “Guidelines on Liquidity Coverage Ratio (‘LCR’), Liquidity Risk Monitoring Tools and LCR Disclosure Standards” wherein it stated that LCR will be introduced in a phased manner starting with minimum requirement of 60% from 1 January 2015 and reaching minimum 100% by 1 January 2019. LCR, as we all understand, is a regulatory requirement and a key component of the Basel III framework. This ratio seeks to establish that banks have adequate high quality liquid assets to withstand any acute stress scenario lasting for 30 days.
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ASC Insights Series – 280 Segment Reporting

Welcome to our “Uniqus’ ASC Insights Series: Guide to Accounting Standards,” where we combine our collective wisdom to understand various Accounting Standard Codifications (ASCs) comprehensively and in a crisp manner. This series is an invaluable tool for accounting professionals, offering detailed explanations, illustrative examples, and our expert point of view. Designed to support your professional journey, this guide helps you navigate complex accounting scenarios and deepen your knowledge. ASC 280 provides guidance on Segment Reporting requirements for public entities. With the objective to enable users of financial statements to “see a company’s business performance through the eyes of management”, ASC 280 provides the principles for segment reporting in financial statements.
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IASB Exposure Draft

Business combinations are often pivotal transactions for the entities involved. A critical aspect of these transactions is the recognition of goodwill, an asset that captures the premium paid over the identifiable net assets of the acquired business. Goodwill plays a significant role in reflecting the strategic value and future economic benefits anticipated from the acquisition. Business combinations are instrumental in shaping the global economy, with transactions reported in 2023 totalling an impressive US$3.2 trillion.
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ASC Insights series- ASC 410-20 and ASC 410-30

“Uniqus’ ASC Insights Series: Guide to Accounting Standards”, is where we combine our collective wisdom to understand various Accounting Standard Codifications (ASCs) comprehensively and in a crisp manner. This series is an invaluable tool for accounting professionals, offering detailed explanations, illustrative examples, and our expert point of view. Designed to support your professional journey, this guide helps you navigate complex accounting scenarios and deepen your knowledge.
Read More