Accounts Articles
Ascertaining the Capital Requirements
ASCERTAINING THE CAPITAL REQUIREMENTS Fixed and Working capital assessments are a professional exercise which demands strong knowledge of business operation as well as finance. Working capital is the active portion of the capital for a business. It
Statutory background for Royalty payment in India
Statutory background for Royalty payment in India The very nature of the term Royalty indicates a disguised share of profit and it is paid for acquiring a very valuable knowhow or technique that assists a person in nourishing his sales. Let us navig
Depreciation - Multifarious views and Court Judgements
Depreciation – Multifarious views and Court Judgements The common school of thought is that, the term ‘Depreciation’ is associated with the wear and tear of an object which has a useful life extending beyond the normal operating cy
Derivatives under IAS-39: A Bird Eye view
Derivatives under IAS-39: A Bird Eye view The word Derivative in common parlance means anything which has no identity or value of its own. Its value is based on the movement in value of another. In the context of financial instruments the term De
IFRS-Implementation
Possible impact on Revenue Recognition in Realty Sector-A viewAdopting, practicing and applying uniformity of the principles of revenue recognition to an industry on overall basis without much room for assumptions and willful adjustments is expected
IFRS: IMPACT IN THE ASSET ACCOUNTING CYCLE
IFRS: IMPACT IN THE ASSET ACCOUNTING CYCLE An asset accounting cycle is akin to our Working capital cycle. It comprises of a purchase or in house production, consumption for business or capital appreciation and final disposal. This article envisag
Purchase Process in SAP environment-with an Accounting view.
What Happens in SAP?Contents:-1. Pre-Procurement Process2. Graphical Presentation of Procurement Process3. Procurement Process in detail4. GR/IR Clearing Accounts5. Explanation of accounting entries with the help of a case study.a) Booking of Purcha
Converged AS 9 (IAS -18) vs. Customs and Excise Valuation
Converged AS 9 (IAS -18) vs. Customs and Excise Valuation - Alignment The new AS 9 or the offspring of IAS-18 comes with a tinge of maturity to the most fundamental concept of Revenue. A comparative analysis between the existing definition as per A
IASB issues ED of new standard on revenue recognition
IASB issues ED of new standard on revenue recognition Revenues to be deferred to recognize performance obligations in sales and services Vinod Kothari www.vinodkothari.com, email vinod@vinodkothari.com As a part of a
IND AS 41 First time adoption of Indian Accounting standards
IND AS 41First time adoption of Indian Accounting standards Scope of IAS 41 Ind-AS 41 is applicable to the first set of annual Ind-AS financial statements prepared by a company. The first Ind-AS financial statements are defined as the first annual f
Popular Articles
- New UPI Rules Starting From 15th October 2026: Complete Fee Structure for Transactions
- Post Office Fixed Deposit Interest Rates: Latest Update for October 2026
- Senior Citizen Saving Scheme Latest Interest Rate From October 2026
- TDS on Purchase of Property: New Reporting Rules From 1st October 2026
- TDS on Contractor for FY 2026-27: Rates, Limits, New Rules, Examples & Compliance Guide
- New Tax Regime FY 2026-27: Complete Slab, Rebate & Marginal Relief Reference
- Long Term Capital Gain on Shares As Per Income Tax Act 2025
- EPF Wage Ceiling Increased to Rs 25,000 from Rs 15,000: New Rules from 17th September 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
