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Accounts Articles


Recent cases invoking "Going Concern"

  S.Sridhar    22 November 2019 at 10:31

Read these three recent instances where the principle of Going concern was invoked: Bharti Airtel Limited Vodafone Idea Limited New Delhi Televisions Limited..



Difference between Bookkeeping and Accounting Explained

  Satish Jalan    08 November 2019 at 11:21

Accounting and bookkeeping are interrelated terms and are inseparable parts of any business. While accounting is a broader and analytical term, bookkeeping is its subdivision and just a part of it. Here�s highlighting the differences between the two.



Cleaning of Books of Accounts and their Worship on the eve of Diwali

  CA Umesh Sharma    21 October 2019 at 10:57

Cleaning of Books of Accounts and their Worship on the eve of Diwali



Stay ahead with Business Automation: Automate these Six Tedious Finance Processes

  Kapil Rana    21 October 2019 at 10:57

With the fast-paced advancements taking place, the software has been developed to carry out various business processes.



Treatment of impairment loss while preparing financial statements as per AS, IND AS & IFRS (Latest)

  CMA SIVAKUMAR A,ACMA.    08 October 2019 at 16:23

Impairment means weakening of Asset. As per INDAS and IFRS Standards, entities should include impairment loss in the financial statements.



Financial Assets and Liabilities as per IND AS 109

  Mandli Ravi Tej    31 August 2019 at 11:21

We are in the season of Statutory audit and few people are working in companies where IND AS is applicable, and few are in companies where IND AS is not applicable.



Fair value of Financial Guarantees under Ind AS Regime

  P.R. Sethuraman    06 August 2019 at 11:30

Introduction:Before going into �Financial Guarantee� and further deep into �Corporate Guarantee�, it is better to dive into what is the



Provision for decommissioning Ind AS 37

  CA Sumit Sarda    16 July 2019 at 13:28

When a company acquires certain types of Tangible Asset under Ind AS 16, it sometimes has an obligation to remove these assets after the end of their useful liv..



Applicability of Gratuity in organizations

  Anand Krishnakumar    04 July 2019 at 11:26

For any organisation, accurate computation of liability towards employee benefit is critical to ensure they are suf



Ind AS 116 - Leases

  CA Ankit Jain    24 June 2019 at 11:22

This article aims at covering most of the concepts of recently issued Ind AS 116 by the ICAI and MCA which will supersede the earlier issued s