Accounts Articles

Managing Multi-Currency Transactions in Tally Prime with Advanced Excel

Roodita Gaikwad 22 May 2025 at 08:37

This article explores why multi-currency management is important, how to enable it in TallyPrime, and how to enter foreign currency transactions effectively.

IFRS 18 vs IAS 1: A New Chapter

CA Megha Pundir 16 May 2025 at 08:39

IFRS 18 to replace IAS 1 marking significant changes to financial statement presentation.

Common Mistakes Frequently Observed in Financial Statements for Corporate Entities

CA.Sangam Aggarwal 15 May 2025 at 08:41

This article highlights frequently observed errors to help improve accuracy and transparency in financial reporting.

Common Mistakes in Financial Statements of Non-Corporate Entities & CA Audit Assignment Limits

CA.Sangam Aggarwal 14 May 2025 at 08:40

Financial statements are the cornerstone of assessing the financial health and compliance of any business entity, including non-corporate forms such as proprietorships, partnerships, and HUFs.

Format of Financial Statements for Non-Corporate Entities

CA.Sangam Aggarwal 23 April 2025 at 08:36

Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) act as a pillar for sound financial reporting system of an entity.

Artificial Intelligence and Analytics

Shailesh Prajapati 12 March 2025 at 08:42

This article delves into the nuanced dynamics of AI-driven decision-making versus human-driven decision-making, exploring the balance required to harness the strengths of both.

The Role of Accounting in Business Decision Making

CA Jaydeep Babubhai Vadher 03 March 2025 at 08:30

This article delves into the critical role of accounting in decision-making, explaining its fundamental principles and its direct impact on businesses.

The Invisible Treasures (IND AS 38)

CA Rakesh Ishi 06 February 2025 at 10:34

In the realm of enterprises, some assets were visible, like factories, machines, or inventory.

Mandatory Valuation Under Ind AS - Key Standards & Compliance

ValuGenius Advisors LLP 31 January 2025 at 08:56

Valuation under Ind AS is guided by Ind AS 113, which provides the framework for determining fair value, complemented by several other standards requiring mandatory valuation. Let's explore the key areas where valuation is required