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Accounts Articles


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

Posted by CA Rahul Agarwal 08 September 2025 347 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.



Ind AS 7 Amendment 2025: Key Changes in Statement of Cash Flow under Companies Rules

Posted by CA Rahul Agarwal 01 September 2025 2590 Views

Understand the new disclosure requirements for Supplier Finance Arrangements (Paragraphs 44F–44H) effective from April 1, 2025. Learn how companies must report terms, liabilities, and liquidity risks under supply chain finance, payable finance, or reverse factoring arrangements.



How Cloud Tally Prevents Voucher Entry Errors Across Multiple Locations

Posted by vishal dharmadhikari 18 August 2025 66 Views

IntroductionIn today's fast-paced business environment, having multiple branches and distributed workforce leads to new challenges, especially when it comes to ...



How AI is Reshaping the Accounting World

Posted by workspacetool.com m 16 June 2025 6339 Views

Accounting Software changed the way we used to look at accounting. And, now a new revolution is coming again that is the introduction of Artificial Intelligence (AI) in Accounting.



Managing Multi-Currency Transactions in Tally Prime with Advanced Excel

Posted by Roodita Gaikwad 22 May 2025 822 Views

This article explores why multi-currency management is important, how to enable it in TallyPrime, and how to enter foreign currency transactions effectively.



IFRS 18 vs IAS 1: A New Chapter

Posted by CA Megha Pundir 16 May 2025 341 Views

IFRS 18 to replace IAS 1 marking significant changes to financial statement presentation.



Common Mistakes Frequently Observed in Financial Statements for Corporate Entities

Posted by CA.Sangam Aggarwal 15 May 2025 2010 Views

This article highlights frequently observed errors to help improve accuracy and transparency in financial reporting.



Common Mistakes in Financial Statements of Non-Corporate Entities & CA Audit Assignment Limits

Posted by CA.Sangam Aggarwal 14 May 2025 3193 Views

Financial statements are the cornerstone of assessing the financial health and compliance of any business entity, including non-corporate forms such as proprietorships, partnerships, and HUFs.



Format of Financial Statements for Non-Corporate Entities

Posted by CA.Sangam Aggarwal 23 April 2025 3526 Views

Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) act as a pillar for sound financial reporting system of an entity.



Artificial Intelligence and Analytics

Posted by Shailesh Prajapati 12 March 2025 364 Views

This article delves into the nuanced dynamics of AI-driven decision-making versus human-driven decision-making, exploring the balance required to harness the strengths of both.




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