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Accounts Articles


Beyond the Numbers: Evaluating Earnings Quality vs Reported Profits

Posted by Archita Jain 06 April 2026 91 Views

Explore the concept of earnings quality and why reported profits alone are not enough for business valuation. Learn how cash flows, accruals, governance and regulatory frameworks in India shape reliable financial analysis and investment decisions.



Acquisition-Related Costs: Capitalise or Expense?

Posted by CA Rahul Agarwal 02 April 2026 221 Views

Understand the accounting treatment of acquisition-related costs under Ind AS and IFRS, comparing standalone and consolidated financial statements. Learn when costs are capitalised or expensed, key standards involved and practical insights with real-world examples.



Empowering Progress: The Unsung Role of Accounting in the Power Sector

Posted by Sanket 09 February 2026 225 Views

Accounting is the silent backbone of the power sector, ensuring financial integrity, compliance, fund management, and smooth operations from generation to distribution.



New Labour Codes: A Silent Profit and Loss Shock

Posted by Paras Jain 17 January 2026 495 Views

Accounting implications of India's New Labour Codes under Ind AS, with practical numerical illustrations on gratuity, employee benefits, past service cost, P&L impact and deferred tax.



Year-End Closing Checklist for Large Companies

Posted by Hitesh Nandawani 27 December 2025 863 Views

A comprehensive year-end closing checklist for large public companies covering accounting, audit, tax, controls, disclosures, and post-close reporting.



Lost Lakhs: PPF Deposits That Backfired

Posted by Mitali 10 October 2025 601 Views

High Court on PPF: Rs 6.87 lakh interest must be returned; court cites violation of Public Provident Fund rules



October 2025 New Rules Checklist for Businesses and Individuals

Posted by Chaitra Seetharam 08 October 2025 464 Views

A new era for India's economy begins in October 2025, with landmark reforms offering greater financial flexibility, stronger consumer safeguards, and modernized...



Ind AS 16: Pending Property Tax Paid on Auction Purchase: Capitalization vs. Expense Explained

Posted by CA Rahul Agarwal 16 September 2025 181 Views

When a property is acquired in auction, is the pending property tax an expense or part of the asset cost? Accounting standards clarify that such taxes must be capitalized, as they are directly attributable to acquiring ownership and making the property ready for use.



How AI Has Become an Accounting & Tax Solution?

Posted by workspacetool.com m 13 September 2025 4073 Views

Discover how AI is transforming accounting and taxation by automating manual work, reducing errors, ensuring compliance and boosting productivity. Learn its benefits, challenges and the future of AI in finance.



Capitalization of Borrowing Cost on Land as per Ind AS 23: Borrowing Costs

Posted by CA Rahul Agarwal 08 September 2025 327 Views

Understand the capitalization of borrowing costs on land under Ind AS 23. Learn when borrowing costs qualify for capitalization, key principles, and practical implications for businesses.




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