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Accounts Articles



Section 135 of the Companies Act, 2013 requires the Board of Directors to constitute a Corporate Social responsibility Committee

Posted in Accounts |   393 Views



With the advent of web-enabled communication, automation, and the cloud, the accounting industry experienced a tectonic change in the way it worked.

Posted in Accounts  1 comments |   641 Views



Ind AS 41, Agriculture is the first standard that specifically covers the Accounting and Reporting requirements for the Primary sector. Prior to this standard, there were no established guidance on Agriculture and Allied Industry.

Posted in Accounts |   607 Views



IFRS expects every FS must be presented in the same manner so that investors spend less time in taking decision.

Posted in Accounts |   899 Views



In this article, we are going to present the latest accounting trends which will form the trade in 2020, from rising uses of cloud to automation.

Posted in Accounts  1 comments |   1004 Views


Corona and Ind AS

  CA Sumit Sarda    29 June 2020 at 09:29

Coronavirus has led to many issues world around not just in relation to health but also has impact over various other concerns and one such concern is its accounting impact.

Posted in Accounts |   1143 Views



Background, in a Sale and leaseback transactions (SALT), an entity transfers an asset to another entity and leases that asset back from the buyer. This kind of ..

Posted in Accounts |   779 Views



This article is trying to address the above fear with tool of ' Balance Sheet Healing '. It is trying to link Healing process by way of Compliance, books of records & ITR to face uncertainty of life.

Posted in Accounts  1 comments |   1516 Views


Golden Rules of Accounting

  Aishna Kukreja    19 June 2020 at 15:23

To record the transactions in the books of accounts we follow the 3 golden rules of accounting in the traditional approach.

Posted in Accounts  7 comments |   2828 Views



Recent amendment in IFRS 16 and proposed amendment in Ind AS 116

Posted in Accounts |   758 Views





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