Accounts Articles

Transition Phase: Indian GAAP to Indian Accounting Standards (Ind AS) and related practical issues

Member (Account Deleted) 12 October 2016 at 17:22

As the title itself suggests our point of discussion will be revolving around the first time adoption of Indian Accounting Standards, practical aspects, major impact areas, and approach for implementation.

Ind AS -16 Property, Plant & Equipment

Himanshu Goel 11 August 2016 at 11:11

bjective is to prescribe the accounting treatment for PPE, so that users can recognize information about the entity investment in PPE & changes in investment du..

IND AS 24: Related Party Disclosures

Himanshu Goel 27 July 2016 at 10:43

The purpose is to provide users of the financial statements information about transaction, outstanding balances, including commitments

Ind AS 10: Events occurring after the reporting period

CA Kishore D 22 July 2016 at 11:02

This article summarizes the key provisions of IndAS10 - Events occurring after the reporting period

Pursuing CA? Choose one of the best places to train as an Article for future success

Sandeep Gupta 08 July 2016 at 10:46

Best places to get a training from for the future success of a Chartered Accountant

Overview of IFRS Implication in India and its challenges

Binod 27 June 2016 at 10:35

The article is all about the process of conversion of IFRS in India, and its advantage and challenge in India & its overview.

Definition & scope of Financial Instruments

Anonymous 25 June 2016 at 12:22

FINANCIAL INSTRUMENTS: DEFINITION AND SCOPE (IND AS 32) Financial Instrument-: Any contract that give rise to a financial asset of one entity and a financial li..

IND AS - 10 events after the reporting period

CA Preksha Choraria 17 June 2016 at 11:01

Reporting of significant events, occurring post reporting date, are required to maintain transparency of financial statement

Ind AS 37 vis-a-vis AS 29

Raghu veer teja 31 May 2016 at 10:59

Due to globalization in the recent past, the world has become a global village. Many multinational companies have started expanding their business across various countries. Accounting frameworks of different countries provide

Most common mistake in Depreciation

Kishore 28 May 2016 at 11:07

Change in life of assets has been specified in new companies act 2013. However it does not suggested change in depreciation method. Hence there is no need to recalculate effect of depreciation from the period of asset inception for depreciation. Chan