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IAS 36 - Impairment of Assets

IAS 36 - Impairment of Assets..

Posted in articles |   462 Views

IAS 16 - Property, Plant & Equipment

IAS 16 covers the aspects of accounting for property, plant and equipment and represents the list of items falls into 'Tangible' Non-Current Assets...

Posted in articles |   414 Views

IFRS 16 vs US GAAP (ASC 842): Bridging the gap for Lease Accounting

IFRS (International Financial Reporting Standard )16 has significantly changed the accounting for leases across the globe. Most of the entities are busy managing these impacts for reporting their numbers of the previous financial year...

Posted in articles |   355 Views

IFRS at a Glance

The International Accounting Standards Board (IASB) is an independent and privately funded body that develops and approves IFRS standards. Prior to 2003, standards were issued as International Accounting Standards (IASs). In 2003, IFRS 1 was issued and all new standards are now known as IFRS standards...

Posted in articles |   815 Views

Disclosure of COVID related impact through statutory documents during finalisation of accounts

Disclosures of COVID-19 related impacts on business through various statutory documents during finalization of accounts..

Posted in articles |   1 comments |   636 Views

All you need to know about Accounting Fraud and Fraud Triangle

Here's what you need to know about Accounting Fraud and Fraud Triangle..

Posted in articles |   1 comments |   696 Views

Cloud accounting software can help you to beat COVID-19 crisis

Cloud accounting software can help you to beat COVID-19 crisis..

Posted in articles |   453 Views

Will Technology replace Accountants?

There always will be a need for that human element - human intelligence - at the other end of AI technology. In fact, according to a leading research firm, Gartner, AI is set to create more jobs than it will replace, leaving workers, including accountants with options...

Posted in articles |   5 comments |   5424 Views

Treatment of moratorium period for financial assets under IND AS-109 amidst COVID-19

​​​​​​​This article mainly covers business model for amortisation method and its accounting aspects under Ind AS 109. ..

Posted in articles |   627 Views

Manage Accounting Operations during COVID-19 Crisis

Know the Accounting pivots that will help an organization emerge stronger and better than ever in this crisis. Businesses should automate their processes make it appealing for investments...

Posted in articles |   706 Views

The Components of Your Monthly Payslip Explained!

Most of us discuss the information related to remuneration during the salary negotiation round after qualifying for the job interview. After that, the matter is never brought up and employees do not bother taking their payslip in hands to analyze it. Let us understand the components of our pay slip...

Posted in articles |   2 comments |   674 Views

Accounting for Bad debt written off

Accounting for Bad debt written off is done in two methods, allowance method and Direct written off method. ..

Posted in articles |   1 comments |   946 Views

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