Accounts Articles
Costing Accounting Books Periodical Closure Checklist
CMA Ramesh Krishnan 14 January 2025 at 07:25The very first step is to check whether production is fully completed or not for the particular period/batch/job/process/work, etc.
Common Mistakes Frequently Observed in Financial Statements
J. D. Shah Associates 03 January 2025 at 08:43Common mistakes frequently observed in financial statements as per ICAI's publications and reviews
The Tale of Revenue Recognition through Five-Step Model: IND AS 115
CA Rakesh Ishi 02 December 2024 at 13:27In the marketplace of Accounting, where traders sold goods and offered services, there was a big question:"When should we recognize revenue?"Some merchants want..
The Tale of Inventories (IND AS 2)
CA Rakesh Ishi 29 November 2024 at 14:47The wise sage IND AS 2 came to the kingdom and shared his principles for valuing inventories.
Accounting Concepts and Conventions
prasad Nilugal 07 November 2024 at 06:43Accounting concepts are the necessary or conditions upon which accounting is based; they are postulates, assumptions, or conditions upon which accounting is based.
The Art and Beauty of Financial Reporting and Analysis: Where Logic, Reason and Insight Converge
CA Naveen Mallakunta 21 October 2024 at 08:34Financial reporting and analysis, often viewed as technical disciplines, reveal a captivating beauty when merged with artistic expression. Unlike the rigid structures of corporate and tax laws, this fusion of financial reporting and analysis combines logic, reason, and common sense to unveil a company's financial narrative.
Scope of Accounting in Small vs. Large Business
Ishita Ramani
01 October 2024 at 08:48
In this article, we can explore how the scope of accounting differs in small as opposed to massive corporations and the elements that force those variations.
Embracing Sustainability: Voluntary Business Responsibility and Sustainability Reporting (BRSR) Benefits
CA Naveen Mallakunta 24 September 2024 at 08:35Voluntary adoption of Business Responsibility and Sustainability Reporting (BRSR) brings numerous benefits to organizations, enhancing their reputation, risk management, financial performance, and strategic decision-making.
Standardized Valuation Approach for Alternative Investment Funds (AIFs)
ValuGenius Advisors LLP 11 September 2024 at 14:27To address the inconsistency and potential manipulation in the valuation of investment portfolios of Alternative Investment Funds (AIFs), SEBI has implemented amendments to standardize valuation techniques.
Recession is Coming: A Financial Tsunami in the US; Citi Raises Concerns
Sachin 11 September 2024 at 08:43
As the possibility of an economic recession in the US looms, global attention is now focused on the upcoming Federal Reserve meeting on September 17 and 18.
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