Articles by Ashima chachra

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Ind AS 2 - Inventories

Posted by Ashima chachra 25 February 2015 58666 Views

1. Objective: a) Deals with the determination of cost ,b) Subsequent recognition as an expense , including any write-down to NRV ,c) Guidance on the cost formulas that are used to assign costs to inventories.2. Scope: This Standard applies to all inv



Ind AS applicability

Posted by Ashima chachra 23 February 2015 269870 Views

Indian Accounting Standards (Ind As)As we all know that as per Notification of Ministry of Corporate Affairs on 16th February2015 Ind As has came into force. They shall come into force on the 1st day of April, 2015. I have gone through the notificati



Corporate Social Responsibility - Highlights

Posted by Ashima chachra 09 November 2013 24765 Views

Corporate Social Responsibility (CSR) new hot topic introduced by Companies Act, 2013.Many times we have heard about CSR but what exactly it is let us now understand. What is CSR ? As a layman if we explain it t




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