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Accounts Articles


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.



Non-Compliances of Financial Reporting - Assets - Part 2

  CA 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..



Common Non-Compliances of Financial Reporting - Part 1

  CA 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.



Financial Statements For Non-Corporate Entities

  Poojitha Raam    16 September 2022 at 14:21

Financial Statements provide the information about financial position, performance, and cash flows of an enterprise this helps in various decisions for the users. The Financial Statements are like the Performance Card of the entities.



Role of Management Accounting in launching new automobiles

  Harsh Gupta    30 August 2022 at 12:44

When management accounting is implemented to the new vehicle launch, the main idea is to increase the cost consciousness level of engineers and provide cost information that supports decision-making situations during the project execution.



Top 10 must-have skills for accountants

  Arpit Tandon    29 August 2022 at 12:22

Accountants are in charge of offering their clients or the businesses they work for financial management services and guidance. Even though accounting may not initially appear like the most attractive career option, if you look a little closer, you'll discover a wide choice of options. Here are the top ten qualities an accountant should possess.



Actuarial Valuation for Accounting of Gratuity Benefits: AS 15 & Ind AS 19

  Rajesh Kumar    14 June 2022 at 08:55

Actuarial Valuation is required for Accounting of Gratuity Benefits in compliance of Ind AS 19 & AS 15 (Revised 2005) by Indian Public, Private and Multinational Companies



IND AS 36: Impairment of Assets

  Madhur Gandhi    31 May 2022 at 08:47

It prescribes that entity applies to ensure that assets are not carried at more than their recoverable amount. An asset is carried at more than its recoverable amount when it exceeds amount to be recovered through use or sale of the asset.



Why SlideTeam Is the Best Option for Accountants to Make Stunning PPTs

  Suhasini    08 April 2022 at 14:26

There was a time when accountants were considered nothing more than number-crunchers. But over the years, their role has evolved and grown. Today, the accountants not only play with numbers but also provide valuable insights and guidance that help businesses thrive.



How to Design a Financial MIS: What Every CFO Needs to Know

  Karthik Ganeshan    28 January 2022 at 11:34

List of the top 5 things you should consider while designing your financial MIS.