Accounts Articles

Recognition Of Intangible Assets, Its Accounting Treatment

ESHA AGRAWAL 05 March 2014 at 13:21

Being a commerce professional the term Intangible Asset is so common, generally we think intangible asset is that asset which we cannot touch, feel, see etc. so according to this meaning prepaid advances is intangible assets as we cannot feel, touch

Rules of Risk Management

ACCA India 25 February 2014 at 16:24

Managing a risky business world The global attitude towards risk management has changed dramatically over recent years. It is this change that the professional accountant needs to navigate and control. Their world is one which has to deal with strict

Application of AS-22 in AS-19

ESHA AGRAWAL 20 February 2014 at 11:51

Hello everyone thanks for the appreciation for my last article why AS 22 is applied, coming with another article application of AS-22 in AS -19 leases. I am writing this article to discuss with

Why AS 22 is applied

ESHA AGRAWAL 10 February 2014 at 13:02

My aim of writing this article is to discuss with you all why AS 22 is applied, generally this happens we study the whole AS, solve the questions, but we dont know the crux of it. So friends AS 22 is Accounting for t

Different types of Accounts in Banks

CA Gyati Gupta 27 December 2013 at 13:02

Hello everyone, This is Gyati Gupta, fresher in CA Final.This is my first article on this site ,the idea to write a quality article cropped up in my mind quiet a few weeks ago but I was confused about the topic I should choose. Though most of you

Let's Keep Accounting Simple

Ashok 13 December 2013 at 11:39

The profession of Chartered Accountancy is much respected in society today. Its a prestigious recognition that many tens of thousands of students aspire to attain. The profession earned this respect partly due

Role of Accounting

SUJATA 02 December 2013 at 12:28

Accounts Personnel, Auditors and Tax Consultants need to complete all finalization related tasks at the earliest to submit the return in time. If proper accounting is done from start to end of the financial year, it becomes very easy to complete audi

Fundamentals of Accounting

Dintakurthi Tirumala 11 November 2013 at 12:59

There are three types of accounts basically in the accounting, all the accounting entries shall be based on this accounts, these account types decides the nature of account and based on such nature of account treatment shall b

Basic Understanding of Islamic Banking Finance & Capital Market

Guest 19 September 2013 at 13:06

India is one of the fastest growing economies in the world today and is on the path to becoming one of the largest in the world in the coming decades. Our Banking sector had undergone trem

Accounting Standard 2 simplified

Siddharth Kadakia 12 September 2013 at 13:04

Introduction Why is valuation of inventory so important? From a lay mans perspective there can be two reasons. Firstly since the closing stock of the previous year becomes opening stock of the current year and it goes because of the going c