Accounts Articles
SEBI Standardises AIF Investment Valuations
SEBI introduces new rules for AIF investment valuations from Nov 1, 2023. Discover the standardised approach, manager responsibilities, and valuer eligibility.
US Recession Fears Grow: Citi Raises Alarm
US recession fears mount as job growth slows and key markets react. Discover what Citi's concerns mean for you and global markets.
Lease Rent Payments: Fixed vs Variable Explained
Understand how fixed and variable lease rent payments are calculated for lease liability. Learn what's included and excluded under Ind AS 116.
Accounting Estimates & Errors: PQR Ltd Case Study
Discover how PQR Ltd corrected a prior period error in accounting estimates. Learn about Ind AS 8, Ind AS 23, and financial statement restatements.
Short Term Lease Case Study: Ind AS 116 Explained
An Ind AS 116 case study on short-term leases. Learn how to correctly classify leases and apply recognition exemptions for assets.
Key Habits for Accounts Department Success
Boost your finance, audit, or tax career! Discover essential habits for timely task completion and high-quality results in the accounts department.
Cheque Clearance in Hours: RBI's New Faster System
RBI is speeding up cheque clearance to just a few hours! Discover how the new system works, its benefits, and how it compares to NEFT, RTGS & IMPS.
IND AS 115: Your Guide to Revenue Recognition
Master IND AS 115 with our comprehensive guide. Learn the five-step model for revenue recognition and ensure compliance with Indian accounting standards.
Highlights of the Percentage-of-Completion Method (POCM)
The Percentage-of-Completion Method (POCM) is an accounting method commonly used in the construction industry and other long-term contracts. It involves recognizing revenues and expenses in proportion to the project's completion during each accounting period.
Golden Rules of Accounting: Debit & Credit Explained
Master the golden rules of accounting! Learn the traditional and modern approaches to debit and credit for accurate financial recording. Get started now!
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