Accounts Articles

Example on IND-AS 21: Conversion from Functional to Presentation Currency

CA Aman Agrawal 28 March 2018 at 10:42

Branch A of ABC Limited. Its functional currency is USD. However, Branch A is required by law to present its financial statements in INR as presentation currenc..

Accounting for E-commerce Business

Chetna Rathi 01 February 2018 at 11:00

Growth of ecommerce has revolutionized the way of conducting the business. The buyer and the sellers are the mere click of the

Accounting Treatment of Spare Parts - Capital Spares

Karan Khanchandani 20 November 2017 at 12:25

Kabhi kisi �EXTRA� ko �extra� mat samajhna, kyunki kya pata us �extra� ka accounting treatment �EXTRAordinary� h

Summary on Ind AS 24- Related Party Disclosures

Bhagyashri Jain 28 October 2017 at 14:01

IntroductionInd AS 24 describes the various disclosures to be made by the parent entity regarding its associate

Cash Flow Management: A Key For Business Growth

Kapila Tanwar 02 October 2017 at 17:17

Cash Flow, an important key factor for every business but more critical for startups to manage.

Non-Controlling Interest - "Initial Measurement" Policy Choice Available?

CA Anuj Agrawal 01 September 2017 at 11:08

When an Entity is being acquired by another Entity, it has two way to look at it, first being 100% acquired where all controlling rights will be with Parent Ent..

IAS-23 borrowing costs

B.COM, ACA, DISA Namrata 31 August 2017 at 10:52

IAS 23 describes the treatment of borrowing costs. Most of the entities borrow, to fund their activities and incur intere

Ind AS 1 - Presentation of Financial Statements - A Threadbare Analysis

Gowtham 28 July 2017 at 11:40

Ind AS-1 - Presentation of Financial Statements - A Threadbare Analysis

How Reliance will record its new phone in the books of accounts!

sumeet 27 July 2017 at 11:05

This article is a personal analysis and conclusion of the author about the unique nature of transactions for the sale of upcoming feature phones of Reiance Jio...

Acquisition of Fixed Assets and their Deferred Tax Impacts

CA Kunal Narwadkar 08 June 2017 at 11:32

Taxation and accounting treatment of Interest on borrowings & Foreign exchange fluctuations related to acquisition of Fixed Assets and their Deferred Tax Impact..