Accounts Articles

The Components of Your Monthly Payslip Explained!

Amit Kumar 29 April 2020 at 10:55

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.

Accounting for Bad debt written off

Chandra Sekhar Reddy 27 April 2020 at 10:49

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

What is letter of credit?

Chandra Sekhar Reddy 27 April 2020 at 10:49

Letter of credit is a written document issued by the bank on request of its customer, promising to pay a specified sum in a specified currency by a buyer's (or importer's) bank i.e. issuing bank to the seller's (beneficiary or exporter's) bank i.e. accepting bank or negotiating bank or paying bank for providing of goods and services.

Impact of COVID-19 on ROC compliance, reporting under financial statement as per IND AS/AS and auditor's prospective.

CA AMAN SIDDIQUI 22 April 2020 at 10:48

Impact of COVID-19 on ROC compliance, reporting under financial statement as per IND AS/AS and auditor's prospective.

How Cloud Accounting Solutions are becoming more Beneficial for Small Businesses?

Biswajit Mishra 16 April 2020 at 19:03

Cloud computing is a concept that has been commonly used over the last few years. With its exponential growth in data use, it has transformed society into the digital 21st century.

IND AS 33: Computation of Basic Earning Per Share

Rishabh Khandelwal 08 April 2020 at 10:47

Basic Earning per Share computation is a concept envisaged by IND AS 33. The formula for the computation of Basic Earning per Share is Profit/Loss Attributable to ordinary equity shares divided by the weighted average number of equity shares outstanding during the period.