Accounts Articles

IFRS 9 Financial Instruments| An Analysis

CA. Chikkerur C R 09 September 2020 at 18:00

IFRS 9 is crucial and important especially in Covid time. This IFRS application is very testing for Companies in Covid time.

How Audits are Being Performed Remotely by Accountants During the Pandemic?

Biswajit Mishra 09 September 2020 at 10:23

How Audits are Being Performed Remotely by Accountants During the Pandemic?

New Standards on Forensic Auditing

Lekhraj sood 02 September 2020 at 16:33

ICAI is working to develop the standards for forensic accounting and investigation (FAIS). These are expected to be completed by December 2020.

Surprising Benefits of a POS System for Your Business

Biswajit Mishra 17 August 2020 at 15:29

From speeding up transaction processing to gaining actionable insights to make informed decisions, every business owners are aware of several benefits of a retail POS system.

Accounting for corporate social responsibility

CA Amrita Chattopadhyay 10 August 2020 at 14:22

Section 135 of the Companies Act, 2013 requires the Board of Directors to constitute a Corporate Social responsibility Committee

Top Trends Driving Disruptions in Accounting Industries

Biswajit Mishra 07 August 2020 at 10:37

With the advent of web-enabled communication, automation, and the cloud, the accounting industry experienced a tectonic change in the way it worked.

Ind AS 41 Agriculture- Detailed Analysis

CA Santhosh Gupta Kethepalli 06 August 2020 at 15:17

Ind AS 41, Agriculture is the first standard that specifically covers the Accounting and Reporting requirements for the Primary sector. Prior to this standard, there were no established guidance on Agriculture and Allied Industry.

IFRS 1 - Presentation of Financial Statements

CA. Chikkerur C R 04 August 2020 at 15:46

IFRS expects every FS must be presented in the same manner so that investors spend less time in taking decision.

Top Accounting Trends Shaping Businesses in 2020

Biswajit Mishra 30 July 2020 at 10:18

In this article, we are going to present the latest accounting trends which will form the trade in 2020, from rising uses of cloud to automation.

Corona and Ind AS

CA Sumit Sarda 29 June 2020 at 09:29

Coronavirus has led to many issues world around not just in relation to health but also has impact over various other concerns and one such concern is its accounting impact.