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Many times Goods and Services are being sold/ rendered by using different kind of arrangements/ entities based on terms and conditions which could change Revenu..
Intangible Assets are being recognized when it falls under the category of an Asset which has no physical substance and it is a non-monetary item and having ide..
In today's globalization and diversified businesses, it is very common to have several associates, Joint Ventures & Subsidiaries companies and various other for..
There would be many instances where a long term commodity purchase or sale agreement are being entered between the parties where there is a quantity to be deliv..
Acquisition of business is quite common in today's fast moving dynamics of the world and every such stakeholder of the entity would be interested to know all im..
Many of our readers requested to share actual calculation and the process to bifurcate any convertible bonds between Equity & Liability and its related Journal ..
There are many transactions/ events that are being taken place where an outcome of the resources are uncertain and no virtual expectations can be defined. This ..
Recent news on approving merger of Vodafone & Idea at their board level has given many questions related to its accounting under the new framework i.e. Ind-As. ..
This article is based on some queries received from some of our readers who actually encountered some practical gaps while dealing with exchange loss
In general terms one can understand that a 'Commitment fees" is being charged for some approved facility
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