Most of us discuss the information related to remuneration during the salary negotiation round after qualifying for the job interview. After that, the matter is never brought up and employees do not bother taking their payslip in hands to analyze it. Let us understand the components of our pay slip.
Accounting for Bad debt written off is done in two methods, allowance method and Direct written off method.
Letter of credit is a written document issued by the bank on request of its customer, promising to pay a specified sum in a specified currency by a buyer's (or importer's) bank i.e. issuing bank to the seller's (beneficiary or exporter's) bank i.e. accepting bank or negotiating bank or paying bank for providing of goods and services.
Impact of COVID-19 on ROC compliance, reporting under financial statement as per IND AS/AS and auditor's prospective.
Cloud computing is a concept that has been commonly used over the last few years. With its exponential growth in data use, it has transformed society into the digital 21st century.
Basic Earning per Share computation is a concept envisaged by IND AS 33. The formula for the computation of Basic Earning per Share is Profit/Loss Attributable to ordinary equity shares divided by the weighted average number of equity shares outstanding during the period.
01 April 2020
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Due to disruptions caused by COVID-19, the ICAI has issued an accounting advisory for its members. In the accounting advisory issued by ICAI, it has highlighted 15 key areas that need to be considered during these challenging times.
With the impact of COVID-19 the world has turned upside down in the last few weeks. No sector has been untouched by the adverse impact of COVID-19. This article summarises the impact of COVID-19 on the financial statements of a company.
Impact of lease rentals and interest free deposits under Ind AS 116
This is my approach to explain the ESOPs Accounting, Taxation & Compliance in simpler terms.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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