Accounts Articles
Hedge Accounting as per IND-AS
Purpose of the Article:- Hedge accounting is a method of accounting where entries for the ownership of a security and the opposing hedge are treated as one. Hedge accounting attempts to reduce the volatility created by the repeated adjustment of a fi
Heads Up, Financial and Accounting Pros! Business Intelligence Tools Make a Difference
Every organization has to juggle information. Information and data come from every corner of the enterprise, and can include databases, data warehouses, best-of-breed systems, legacy systems, and specialized systems like ERP, HR, Finance, Accounting,
Accounting for Amalgamation(as per AS-14)
Accounting for Amalgamation(AS-14) In general meaning Amalgamation implies blending of two or more existing entities into one, during the blending process blended entities losing their identities and forming into one separate legal entity having its
Financial statements under IFRS
International Financial reporting standards (IFRS) is the current trending subject in the finance field. The purpose of preparation of financial statement not only to know the results of the business and also to check,
A b-indas journey Part 4: IND AS 1
Hi!The journey is now going to get juicier as we now step into the accounting standards!The first one in the row will be Ind AS1 �Presentation of Financial Statements�. If your insides are shouting that the first one is Ind AS 101 &ldquo
A b-indas Journey into IndAS Part 3: The framework
Hi there!This write-up is for people who have heard about the term IndAS but are yet to get into the scheme ofthings. This is the third in a series of articles that will walk you through the basics of the standards.CAVEAT: The objective is to get the
A b-indas Journey into IndAS Part 2: The numbering
Hi there!This write-up is for people who have heard about the term IndAS but are yet to get into the scheme ofthings. This is the second in a series of articles that will walk you through the basics of the standards.CAVEAT: The objective is to get th
Consolidation of Financials under IFRS
Introduction: Under Globalised scenario, the boundaries of the business crossed the beyond from one county to many countries during the last two decades, at the same time business risk is also increased the same
A b-indas Journey into IndAS Part 1
Hi there!!This write-up is for people who have heard about the term IndAS but are yet to get into the scheme of things. This is the first in a series of articles that will walk you through the basics of the standards.CAVEAT: The objective is to get t
Ind-AS: convergence with IFRS: GAAP GAPS summarised
The MCA had issued a notification dated 16 February 2015 announcing the Companies (Indian Accounting Standards) Rules, 2015 for applicability of Indian Accounting Standard (Ind- AS).Ind-AS are converged IFRS and applicable in a phased manner to India
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