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Accounts Articles


Accounting: Importance, Golden Rules & Types

  Aisha    12 January 2023 at 14:47

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions. ..

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Posted in Accounts  2 comments |   2706 Views


Points to be considered in the preparation of Annual Report - Part 3

  RAKESH ISHI    15 December 2022 at 12:15

AS-5 required that All items of income and expense which are recognised in a period should be included in the determination of net profit or loss for the period unless an AS requires or permits otherwise.

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Posted in Accounts |   1749 Views


Points to be considered in the preparation of Annual Report - Part 2

  RAKESH ISHI    06 December 2022 at 09:53

Non-compliance pointed out in the Annual Reports of various companies related to (AS) Accounting standards used in the preparation and presentation of financial statements.

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Posted in Accounts |   3222 Views


How Blockchain Will Impact Accounting Professionals

  Suhasini    02 December 2022 at 10:56

Digital technology has been influencing our world since the 1980s when the internet was introduced to the public. Since then, we've seen mobile phones, game con..

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Posted in Accounts  1 comments |   4350 Views


Points to be considered in the preparation of Annual Report - Part 1

  RAKESH ISHI    28 November 2022 at 09:52

Non-compliance pointed out in the Annual Reports of various companies related to (AS) Accounting standards used in the preparation and presentation of financial statements.

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Posted in Accounts  1 comments |   4005 Views


Non-Compliances related to components of Profit & Loss Statement

  RAKESH ISHI    14 October 2022 at 16:31

It was noted from the accounting policy of revenue that the element of financing has not been considered if the credit term is consistent with market practices...

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Posted in Accounts |   5679 Views


Common Non-Compliances of Financial Reporting: Equity & Liabilities - Part 3

  RAKESH ISHI    11 October 2022 at 15:50

Common Non-Compliances of Financial Reporting: Equity & Liabilities

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Posted in Accounts  2 comments |   3231 Views


FCRA registration for Foreign Donation

  Musharraf Iqbal    07 October 2022 at 08:46

The Ministry of Home Affairs grants the FCRA registration as authorization to regulate foreign donations received by Indian nonprofit organisations. You must register with the Foreign Contribution Regulation Act if you are a registered NGO, charitable trust, or section 8 company and want to receive donations from abroad.

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Posted in Accounts |   2250 Views


Non-Compliances of Financial Reporting - Assets - Part 2

  RAKESH ISHI    07 October 2022 at 08:46

OBSERVATIONS1. INVESTMENTS IN EQUITY SHARESIt was observed from the note to the financial statements on Non-Current Investments that the value of investments in..

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Posted in Accounts |   1407 Views


Common Non-Compliances of Financial Reporting - Part 1

  RAKESH ISHI    02 October 2022 at 17:49

The common non-compliances in reporting requirements of various applicable Statues as observed by the Financial Reporting Review Board (FRRB) constituted by ICAI during the review proceedings.

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Posted in Accounts |   1797 Views




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