Accounts Articles

Salient Features Of IAS 16: Property, Plan and Equipment

Posted by subodh kumar 12 March 2012 15438 Views

IAS 16 pertains to the Property, Plant and Equipment: - their accounting treatment, recognition and determination of their carrying amounts, depreciation charges and impairment losses. Some of the major points of this standard with reference to the

Shares held as investment & Shares held as Stock-in-Trade

Posted by Anooj 01 March 2012 16663 Views

Distinction between shares held as stock-in-trade and shares held as investment - tests for such a distinction 1.The Income Tax Act, 1961 makes a distinction between a capital asset and a trading asset. 2. Capit

PCC Preparation Style

Posted by *RENU SINGH * 28 February 2012 40266 Views

Hello everyone. Good morning. Accounts is totally practical exam. But still contain theory and theory questions repeat everytime. So I really request to all of you to please complete the compiler and read the paper's theory till year 2000.

Accounting Frauds

Posted by Vijay Kalia 24 February 2012 20920 Views

MANIPULATIONS THROUGH ACCOUNTING AND FRAUDS: Introduction: India figures amongst the top nations so far as stashing the black money abroad is concerned. It is estimated that one fifth of our GDP is there running parallel in the economy which transl

Human Resource Accounting

Posted by CA Prashant Gupta 16 January 2012 23864 Views

Human resource are the greatest assets of any company. You can raise tariffs or prevent MNCs from entering, but you cannot stop employees from leaving if they are unsatisfied.

Basic Steps involving to install the Costing system

Posted by CMA Ramesh Krishnan 19 December 2011 76987 Views

Introduction: Costing system is an important tool for Cost control and cost optimization in any type of organization. Each industry has got different type of cost involving in to the operations,

Reconciliation of Accounts

Posted by Rahul Gupta 13 December 2011 33176 Views

Reconciliation of Accounts is one of the important day to day activity enables the assigned personnel to complete its job. There are lot of reasons behind the differences arise in Account Balances of various types. Although practically mismatching o

Valuation of Goodwill

Posted by C.A Tarun Shah 01 November 2011 142145 Views

Meaning of Goodwill : In a simple terms the word goodwill means a reputation in accounting terms the goodwill means the extra profit available to concern due to various factors i.e lo

Combined Application of AS 11 & AS 16

Posted by CA Siddhartha Bhardwaj 28 October 2011 31980 Views

This article deals with the combined application of AS 11 and AS 16. This article defines a situation in which the exchange difference shall be treated as both borrowing cost as per AS 16 and exchange difference as per AS 11. In simple words the e

HAWK' Eye - AS 15 - Employee Benefits

Posted by Fahim 22 October 2011 56251 Views

This happens to be one of the most ignored topic by the examiners and hence also by the students of CA profession. But it has to be embarrassing for a qualified chartered accountant