Accounts Articles

How Virtual CFO Services Help SMEs and Growing Businesses Improve Financial Control, Compliance, Cash Flow and Business Growth

Posted by CA Varun Gupta

06 June 2026 74 Views

Learn what a Virtual CFO is, how it differs from traditional accounting, and why businesses need strategic financial oversight. Discover how Virtual CFO services improve cash flow, compliance, MIS reporting, profitability, internal controls, and business decision-making while providing CFO-level expertise at a cost-effective price.

Beyond the Numbers: Evaluating Earnings Quality vs Reported Profits

Posted by Archita Jain 06 April 2026 101 Views

Explore the concept of earnings quality and why reported profits alone are not enough for business valuation. Learn how cash flows, accruals, governance and regulatory frameworks in India shape reliable financial analysis and investment decisions.

Acquisition-Related Costs: Capitalise or Expense?

Posted by CA Rahul Agarwal 02 April 2026 261 Views

Understand the accounting treatment of acquisition-related costs under Ind AS and IFRS, comparing standalone and consolidated financial statements. Learn when costs are capitalised or expensed, key standards involved and practical insights with real-world examples.

Empowering Progress: The Unsung Role of Accounting in the Power Sector

Posted by Sanket 09 February 2026 227 Views

Accounting is the silent backbone of the power sector, ensuring financial integrity, compliance, fund management, and smooth operations from generation to distribution.

New Labour Codes: A Silent Profit and Loss Shock

Posted by Paras Jain 17 January 2026 509 Views

Accounting implications of India's New Labour Codes under Ind AS, with practical numerical illustrations on gratuity, employee benefits, past service cost, P&L impact and deferred tax.

Year-End Closing Checklist for Large Companies

Posted by Hitesh Nandawani 27 December 2025 1038 Views

A comprehensive year-end closing checklist for large public companies covering accounting, audit, tax, controls, disclosures, and post-close reporting.

Lost Lakhs: PPF Deposits That Backfired

Posted by Mitali 10 October 2025 606 Views

High Court on PPF: Rs 6.87 lakh interest must be returned; court cites violation of Public Provident Fund rules

October 2025 New Rules Checklist for Businesses and Individuals

Posted by Chaitra Seetharam 08 October 2025 466 Views

A new era for India's economy begins in October 2025, with landmark reforms offering greater financial flexibility, stronger consumer safeguards, and modernized...

Ind AS 16: Pending Property Tax Paid on Auction Purchase: Capitalization vs. Expense Explained

Posted by CA Rahul Agarwal 16 September 2025 183 Views

When a property is acquired in auction, is the pending property tax an expense or part of the asset cost? Accounting standards clarify that such taxes must be capitalized, as they are directly attributable to acquiring ownership and making the property ready for use.

How AI Has Become an Accounting & Tax Solution?

Posted by workspacetool.com m 13 September 2025 4077 Views

Discover how AI is transforming accounting and taxation by automating manual work, reducing errors, ensuring compliance and boosting productivity. Learn its benefits, challenges and the future of AI in finance.