CII calls for reevaluating how intangible assets are accounted for in India’s digital economy.
The Confederation of Indian Industry (CII) is advocating for a thorough review of how intangible assets, like software and brand value, are recognized and accounted for in India's growing digital economy. Current standards only recognize acquired assets, overlooking internally generated ones, which can misrepresent a company's true value. CII's recommendations aim to better align financial reporting with the digital era, fostering investment and competitiveness.
2 months ago
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