Accounts Articles

IND AS 38: Accounting for Intangible Assets

Posted by CA Rakesh Ishi 06 February 2025 251 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 476 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 313 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 556 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 462 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 289 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 675 Views

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

Financial Reporting & Analysis: Art, Logic & Insight

Posted by CA Naveen Mallakunta 21 October 2024 268 Views

Discover the art and beauty of financial reporting and analysis. Learn how logic, reason, and insight converge to tell a compelling financial story.

Accounting Scope: Small vs. Large Business Differences

Posted by Ishita Ramani 01 October 2024 524 Views

Discover how the scope of accounting differs for small and large businesses. Learn about bookkeeping, reporting, tax, and technology needs.

BRSR Benefits: Boost Your Business with Sustainability Reporting

Posted by CA Naveen Mallakunta 24 September 2024 161 Views

Discover the advantages of voluntary Business Responsibility and Sustainability Reporting (BRSR). Enhance reputation, manage risks, and improve financial performance.