https://www.taxtmi.com/notifications?id=147004 Registered International Financial Service Centre Insurance Offices must follow prescribed accounting and presentation requirements. Unincorporated offices use the accounting standards and accounting year of their parent entity; incorporated offices use ICAI standards subject to direct-method cash-flow reporting, mandatory segment reporting and non-application of the investment accounting standard. Financial statements require comparative information, disclosure of applicable standards, accounting policies and their changes, and USD reporting unless otherwise specified. Incorporated offices must submit annual reports containing governance, risk, audited financial, external audit and actuarial materials, while all offices must separately account for policyholders' and shareholders' funds. en-us Thu, 12 Jan 2023 00:00:00 +0530 Mon, 21 Sep 2026 12:04:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=147004 Registered International Financial Service Centre Insurance Offices must follow prescribed accounting and presentation requirements. Unincorporated offices use the accounting standards and accounting year of their parent entity; incorporated offices use ICAI standards subject to direct-method cash-flow reporting, mandatory segment reporting and non-application of the investment accounting standard. Financial statements require comparative information, disclosure of applicable standards, accounting policies and their changes, and USD reporting unless otherwise specified. Incorporated offices must submit annual reports containing governance, risk, audited financial, external audit and actuarial materials, while all offices must separately account for policyholders' and shareholders' funds. Notifications Indian Laws Thu, 12 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=147004