Articles by Siddharth Kadakia
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Accounting Standard 2 simplified
Posted by Siddharth Kadakia
12 September 2013
116347 Views
Introduction Why is valuation of inventory so important? From a lay mans perspective there can be two reasons. Firstly since the closing stock of the previous year becomes opening stock of the current year and it goes because of the going c
Accounting Standard 1 simplified
Posted by Siddharth Kadakia
09 September 2013
103600 Views
Accounting Standard 1issued by ICAIDisclosure of Accounting PoliciesIntroduction:The standard deals with what, where, which and how accounting policies should be disclosed. The accounting policies are set of principles, methods and procedures applied
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