Accounts Articles


Format of Financial Statements for Non-Corporate Entities

Posted by CA.Sangam Aggarwal 23 April 2025 3954 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.



AI and Analytics: Balancing Human & Machine Decision-Making

Posted by Shailesh Prajapati 12 March 2025 411 Views

Discover how to effectively integrate AI and human intelligence for superior decision-making. Learn to balance data analysis with human judgment for business success.



Accounting's Role in Business Decision Making

Posted by CA Jaydeep Babubhai Vadher 03 March 2025 1103 Views

Discover how accounting drives strategic planning, budgeting, and investment decisions. Learn its impact on corporate governance and financial reporting.



IND AS 38: Accounting for Intangible Assets

Posted by CA Rakesh Ishi 06 February 2025 304 Views

Learn how IND AS 38 guides businesses in recognising, measuring, and disclosing intangible assets like patents and software. Understand development vs. research costs.



Ind AS Mandatory Valuation: Key Standards & Compliance Guide

Posted by ValuGenius Advisors LLP 31 January 2025 518 Views

Understand mandatory Ind AS valuation requirements. Explore key standards like Ind AS 113, 16, 36, 38, 109, 40, 41, 103, & 102 for compliance.



Costing Accounting Books Closure Checklist

Posted by CMA Ramesh Krishnan 14 January 2025 378 Views

Ensure accurate costing with our periodical closure checklist. Covers production, inventory, labour, overheads, variances, and P&L reconciliation.



Financial Statement Errors: Common Mistakes & How to Avoid Them

Posted by J. D. Shah Associates 03 January 2025 607 Views

Discover common financial statement mistakes related to accounting policies, inventory, revenue, and more. Learn how to ensure accuracy and compliance.



IND AS 115: Five-Step Revenue Recognition Model Explained

Posted by CA Rakesh Ishi 02 December 2024 503 Views

Master IND AS 115 with our guide to the Five-Step Revenue Recognition Model. Learn how to identify contracts, obligations, and recognise revenue correctly.



IND AS 2: Valuing Your Inventory Simply Explained

Posted by CA Rakesh Ishi 29 November 2024 310 Views

Learn how to value your inventory using IND AS 2. Discover rules for cost, NRV, FIFO, weighted average, and writing down obsolete stock.



Accounting Concepts & Conventions Explained

Posted by prasad Nilugal 07 November 2024 742 Views

Understand key accounting concepts like business entity, cost, and accrual. Learn conventions for consistent and transparent financial reporting.




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