Accounts Articles

Tally.ERP 9 - Auditors' Edition: A Premise

Varun N Rao 19 July 2013 at 13:47

Every year, practicing Chartered Accountants (CAs) have an enormous task of managing their clients various compliance deadlines. Apart from regular compliances, CAs are greatly concerned about preparing for a hectic audit season and handling

Working Capital: Concepts & Its Management Part -3

Member (Account Deleted) 16 July 2013 at 12:59

Now moving ahead to find out the answer of our third question How to manage the components of working capital which will ultimately gives us the overview of Management of Working Capital. For this firstly we need to know what the com

Working Capital: Concepts & Its Management Part-2

Member (Account Deleted) 11 July 2013 at 12:39

Now our second Question comes into picture which is How to finance the Working Capital For this it is important for us to know that there are further two categories of Working Capital on the basis of Time 1. Perma

Working Capital: Concepts & Its Management

Member (Account Deleted) 09 July 2013 at 13:38

Working Capital Management When we hear about �Working Capital� the first question that comes into our mind is what is �Working Capital� and How to manage it? So friends lets understand all the concepts related to Working

Accounting Standards - A summarized application

Shivam Gupta 06 July 2013 at 12:25

Framework of Accounting Standard: At the outset, with the changing scenario, there has arisen a great complexity in understanding the applicability of accounting standards apart from understanding the text of accounting standards. Thus, it has b

Basic aspects for preparation of Projected Financials

CMA Ramesh Krishnan 24 June 2013 at 12:33

Basic aspects for preparation of Projected Financials Introduction: How to prepare the projected financials to submit for bank funding is the basic work should learn by the person handling finance. It is a basic step before approaching bank funding

Forex Market in India

Deepak Surana 20 June 2013 at 11:45

BASIC INTRODUCTION OF INDIAN ECONOMY India has seen a systematic transition from being a closed door economy to an open economy since the beginning of economic reforms in the country in 1991. These reforms have had a far-reaching impact and have h

A brief on calculation of revenue in case of real estate developers

CA Pawan Kumar 17 June 2013 at 11:56

BackgroundThe term 'real estate' refers to land as well as building. This Guidance Note issued by the ICAI has recommended principles for recognition of revenue aris

Basic understanding of an EPC Contract

CMA Ramesh Krishnan 21 May 2013 at 11:59

Introduction: EPC contract is a very popular type of contract in the contact management module. Full form of the word EPC is Engineering, Procurement & Construction. EPC module contract mostly used in inf

Overview of Revised Format of Auditor's Report

Rahul Sethia 16 May 2013 at 14:01

Auditors Report is the finale of the professional work of an auditor. It also acts as a means of communication with various stakeholders of the company. After the year 2008, commonly remembered as the year of financial crisis, superior clar