Accounts Articles

Hedge Accounting

Posted by Jerold Ferreira 07 May 2022 5233 Views

A hedge is an investment that is made with the intention of reducing the risk of adverse price movements in an asset. Normally, a hedge consists of taking an offsetting or opposite positions in a related security.

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

Posted by Suhasini

08 April 2022 7994 Views

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

Posted by Karthik Ganeshan 28 January 2022 9397 Views

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

A brief analysis on - AS 10: Property, Plant and Equipment

Posted by Tanuj Chandra Saxenaa 17 December 2021 5889 Views

AS 10 is to be applied in accounting for property, P&E (Plant and Equipment)

Role of artificial intelligence in accounting

Posted by Tanuj Chandra Saxenaa 10 December 2021 9125 Views

As Artificial Intelligence works for every industry, it certainly has a significant impact on the accounting and finance industries as well.

Maintenance of Books of Accounts

Posted by CA.R.S.KALRA 12 November 2021 74243 Views

Section 44AA(1) prescribes compulsory maintenance of such books of accounts and other documents which will enable the AO to compute the total income in accordance with the provisions of the Income Tax Act.

Go Global with the knowledge of IPSAS - Internationally accepted Accounting Language for Governmental Accounting

Posted by CA. (Dr.) Rajkumar Adukia 12 November 2021 2388 Views

International Public Sector Accounting Standards are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements.

Other Compressive Income in IND AS

Posted by Aniruddha Deshpande 08 October 2021 4673 Views

To provide exact profitability and bring more transparency to the financial statements of a company, the concept of Other Comprehensive Income was introduced in IND AS.

IND AS 12: Income Taxes

Posted by Jerold Ferreira 07 October 2021 14812 Views

Income taxes as per the Indian Accounting Standard 12 include both domestic and foreign taxes, which are based on taxable profits. It also includes withholding taxes.

Ind AS 20: Government Grants

Posted by Sachin 02 September 2021 13005 Views

Ind AS 20 is applicable where there is reasonable assurance that grants will be received, and the entity will comply with the conditions attached to the receipt of the government grant.