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Accounts Articles

Over the years as the advanced POS has gained great popularity, the days of traditional cash registers are almost over. Let us understand how advanced POS solutions can help your business grow.

Posted in Accounts  1 comments |   411 Views

The amendment made in Ind AS 116 includes a practical expedient that provides lessees with a choice not to assess a rent concession occurring as a result of the direct consequence of the Covid-19 pandemic as a lease modification. Know more about the amendment here

Posted in Accounts |   496 Views

Hospitality Industry - Does handing over business operations and premises, equate to lease, or hiring a sub-contractor?

Posted in Accounts |   595 Views

Is Parking area a lease or a non-lease component as per Ind As-116?

Posted in Accounts |   660 Views

Apart from differences in the perseverance in accounting and financial terms, the least we can predict is the future of both. The year 2020 has already been a year of financial loss and the loss did not hinder a state or a country, but the world has been suffering lately. 

Posted in Accounts |   834 Views

With the advent of innovations and new technologies due to pandemic across the world, the economic environment continues to evolve. Therefore, the change becomes a new constant for organizations to reshape their business model and business processes to be aware of recent trends. Accounting is an essential element of the business process.

Posted in Accounts |   898 Views

IFRS 9 is crucial and important especially in Covid time. This IFRS application is very testing for Companies in Covid time.

Posted in Accounts |   562 Views

How Audits are Being Performed Remotely by Accountants During the Pandemic?

Posted in Accounts |   1223 Views

New Standards on Forensic Auditing

  Lekhraj sood    02 September 2020 at 16:33

ICAI is working to develop the standards for forensic accounting and investigation (FAIS). These are expected to be completed by December 2020.

Posted in Accounts |   633 Views

From speeding up transaction processing to gaining actionable insights to make informed decisions, every business owners are aware of several benefits of a retail POS system.

Posted in Accounts |   681 Views

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