Accounts Articles

Difference between Bookkeeping and Accounting Explained

Posted by Satish Jalan 06 May 2020 8637 Views

Accounting and bookkeeping are interrelated terms and are inseparable parts of any business. While accounting is a broader and analytical term, bookkeeping is its subdivision and just a part of it. Here�s highlighting the differences between the two.

Cleaning of Books of Accounts and their Worship on the eve of Diwali

Posted by CA Umesh Sharma 15 June 2020 4322 Views

Cleaning of Books of Accounts and their Worship on the eve of Diwali

Stay ahead with Business Automation: Automate these Six Tedious Finance Processes

Posted by Kapil Rana 23 June 2020 4715 Views

With the fast-paced advancements taking place, the software has been developed to carry out various business processes.

Treatment of impairment loss while preparing financial statements as per AS, IND AS & IFRS (Latest)

Posted by CMA SIVAKUMAR A,ACMA. 05 April 2020 14394 Views

Impairment means weakening of Asset. As per INDAS and IFRS Standards, entities should include impairment loss in the financial statements.

Financial Assets and Liabilities as per IND AS 109

Posted by Mandli Ravi Tej 27 February 2020 57773 Views

We are in the season of Statutory audit and few people are working in companies where IND AS is applicable, and few are in companies where IND AS is not applicable.

Fair value of Financial Guarantees under Ind AS Regime

Posted by P.R. Sethuraman 02 February 2020 23592 Views

Introduction:Before going into �Financial Guarantee� and further deep into �Corporate Guarantee�, it is better to dive into what is the

Provision for decommissioning Ind AS 37

Posted by CA Sumit Sarda 12 January 2020 18805 Views

When a company acquires certain types of Tangible Asset under Ind AS 16, it sometimes has an obligation to remove these assets after the end of their useful liv...