Accounts Articles

Hedge Accounting as per IND-AS

Posted by Rahul Magan 01 April 2016 66696 Views

Purpose of the Article:- Hedge accounting is a method of accounting where entries for the ownership of a security and the opposing hedge are treated as one. Hedge accounting attempts to reduce the volatility created by the repeated adjustment of a fi

Heads Up, Financial and Accounting Pros! Business Intelligence Tools Make a Difference

Posted by Arbuda Dave 26 February 2016 9975 Views

Every organization has to juggle information. Information and data come from every corner of the enterprise, and can include databases, data warehouses, best-of-breed systems, legacy systems, and specialized systems like ERP, HR, Finance, Accounting,

Accounting for Amalgamation(as per AS-14)

Posted by RINKU GAUR 30 November 2020 187980 Views

Accounting for Amalgamation(AS-14) In general meaning Amalgamation implies blending of two or more existing entities into one, during the blending process blended entities losing their identities and forming into one separate legal entity having its

Financial statements under IFRS

Posted by CMA Ramesh Krishnan 03 October 2015 38295 Views

International Financial reporting standards (IFRS) is the current trending subject in the finance field. The purpose of preparation of financial statement not only to know the results of the business and also to check,

A b-indas journey Part 4: IND AS 1

Posted by MANOJ 28 September 2015 13669 Views

Hi!The journey is now going to get juicier as we now step into the accounting standards!The first one in the row will be Ind AS1 �Presentation of Financial Statements�. If your insides are shouting that the first one is Ind AS 101 &ldquo

A b-indas Journey into IndAS Part 3: The framework

Posted by MANOJ 25 September 2015 10295 Views

Hi there!This write-up is for people who have heard about the term IndAS but are yet to get into the scheme ofthings. This is the third in a series of articles that will walk you through the basics of the standards.CAVEAT: The objective is to get the

A b-indas Journey into IndAS Part 2: The numbering

Posted by MANOJ 24 September 2015 15637 Views

Hi there!This write-up is for people who have heard about the term IndAS but are yet to get into the scheme ofthings. This is the second in a series of articles that will walk you through the basics of the standards.CAVEAT: The objective is to get th

Consolidation of Financials under IFRS

Posted by CMA Ramesh Krishnan 23 September 2015 14652 Views

Introduction: Under Globalised scenario, the boundaries of the business crossed the beyond from one county to many countries during the last two decades, at the same time business risk is also increased the same

A b-indas Journey into IndAS Part 1

Posted by MANOJ 23 September 2015 15874 Views

Hi there!!This write-up is for people who have heard about the term IndAS but are yet to get into the scheme of things. This is the first in a series of articles that will walk you through the basics of the standards.CAVEAT: The objective is to get t

Ind-AS: convergence with IFRS: GAAP GAPS summarised

Posted by rajkumar jain 16 September 2015 16110 Views

The MCA had issued a notification dated 16 February 2015 announcing the Companies (Indian Accounting Standards) Rules, 2015 for applicability of Indian Accounting Standard (Ind- AS).Ind-AS are converged IFRS and applicable in a phased manner to India