Accounts Articles

Record to Report (R2R) Process: Managing Finances Made Simple

Posted by CA Ajay goel 09 September 2023 4827 Views

Imagine you have a personal budget spreadsheet where you keep track of your income, expenses, and savings. You record your salary, input all your expenses like ...

Demystifying Procure to Pay and Order to Cash: The Backbone of Business Operations

Posted by CA Ajay goel 07 September 2023 3305 Views

In this article, we will unravel the mysteries of the P2P cycle in a uniquely laid-back and easy-to-understand manner, using a relatable example.

Demystifying COGS and OPEX: Key Financial Concepts for Business Success

Posted by CA Ajay goel 06 September 2023 1904 Views

Picture your favorite pizza place. You know that delicious pizza you order? Well, there's a cost to make it, and that's what we're diving into today - understanding how much it costs to make the pizza (COGS) and what it takes to keep the pizza place running (OPEX).

Decoding Financial Ratios: A Comprehensive Guide to Evaluating Company Performance

Posted by Nikita Agarwal 17 August 2023 4620 Views

Financial ratios are quantitative tools that offer insights into a company's financial performance, health, and stability. These ratios are calculated using various financial figures extracted from a company's financial statements, such as the balance sheet, income statement, and cash flow statement.

Understanding the Limitations and Significance of Cash Flow Statements in Financial Analysis

Posted by Savan Patel 14 August 2023 5472 Views

This article explores the constraints of cash flow statements and their implications in financial analysis.

Intangible Assets - AS-26

Posted by CA Sapna Ghelani 25 July 2023 3669 Views

In this article, we understand all about AS-26 which deals with Intangible Assets including its meaning, applicability, exclusions, initial measurement and difference between AS-26 and AS-38.

Trading Window Closure becomes mandatory for all listed entities

Posted by Affluence Advisory 19 July 2023 1831 Views

Stock Exchanges have vide its circular dt: June 28, 2023 extended applicability of Circular to all listed entities in a phased manner

Transition to XBRL filings for listed entities

Posted by Affluence Advisory 27 June 2023 2624 Views

The BSE and the NSE have stipulated in both circulars that the XBRL submissions must be made within 24 hours following the PDF submissions.

All about Goods Sent on Consignment - Accounting, Commission, and Account Sales

Posted by CA Santhosh Gupta Kethepalli 03 June 2023 265114 Views

Know all about Goods Sent on Consignment, its Accounting, different types of Commission and Account Sales.

Share Capital and its Accounting Entries

Posted by Mitali 26 May 2023 42169 Views

Share capital refers to the total value of shares issued by a company and held by its shareholders. It represents the initial or subsequent investment made by individuals, institutions, or other companies in exchange for ownership in the business.