Accounts Articles
Hedge Accounting
A hedge is an investment that is made with the intention of reducing the risk of adverse price movements in an asset. Normally, a hedge consists of taking an offsetting or opposite positions in a related security.
Why SlideTeam Is the Best Option for Accountants to Make Stunning PPTs
08 April 2022
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There was a time when accountants were considered nothing more than number-crunchers. But over the years, their role has evolved and grown. Today, the accountants not only play with numbers but also provide valuable insights and guidance that help businesses thrive.
How to Design a Financial MIS: What Every CFO Needs to Know
List of the top 5 things you should consider while designing your financial MIS.
A brief analysis on - AS 10: Property, Plant and Equipment
AS 10 is to be applied in accounting for property, P&E (Plant and Equipment)
Role of artificial intelligence in accounting
As Artificial Intelligence works for every industry, it certainly has a significant impact on the accounting and finance industries as well.
Maintenance of Books of Accounts
Section 44AA(1) prescribes compulsory maintenance of such books of accounts and other documents which will enable the AO to compute the total income in accordance with the provisions of the Income Tax Act.
Go Global with the knowledge of IPSAS - Internationally accepted Accounting Language for Governmental Accounting
International Public Sector Accounting Standards are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements.
Other Compressive Income in IND AS
To provide exact profitability and bring more transparency to the financial statements of a company, the concept of Other Comprehensive Income was introduced in IND AS.
IND AS 12: Income Taxes
Income taxes as per the Indian Accounting Standard 12 include both domestic and foreign taxes, which are based on taxable profits. It also includes withholding taxes.
Ind AS 20: Government Grants
Ind AS 20 is applicable where there is reasonable assurance that grants will be received, and the entity will comply with the conditions attached to the receipt of the government grant.
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