The purpose is to provide users of the financial statements information about transaction, outstanding balances, including commitments
This article summarizes the key provisions of IndAS10 - Events occurring after the reporting period
Best places to get a training from for the future success of a Chartered Accountant
The article is all about the process of conversion of IFRS in India, and its advantage and challenge in India & its overview.
FINANCIAL INSTRUMENTS: DEFINITION AND SCOPE (IND AS 32) Financial Instrument-: Any contract that give rise to a financial asset of one entity and a financial li..
Reporting of significant events, occurring post reporting date, are required to maintain transparency of financial statement
Due to globalization in the recent past, the world has become a global village. Many multinational companies have started expanding their business across various countries. Accounting frameworks of different countries provide
Change in life of assets has been specified in new companies act 2013. However it does not suggested change in depreciation method. Hence there is no need to recalculate effect of depreciation from the period of asset inception for depreciation. Chan
Quich Review of IND AS 16IND AS 16 deals with Accounting & depreciation of property, plant and equipment which are covered by existing Accounting Standard 10 (Accounting for Fixed Assets) & AS 6 (Depreciation Accounting).1. Meaning of Fix
What is Internal Financial Control (IFC)? (Sec 134) As per Section 134 of the Companies Act 2013, the term �Internal Financial Controls� means the policies and procedures adop
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
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