Accounts Articles

Depreciation, Companies Act 2013 & The Practical Implication

Posted by Naresh Kansala 22 July 2014 477280 Views

Depreciation, Companies Act 2013, and The Practical ImplicationAs we all know companies bill is passed by both houses of parliaments and some of is section are applicable from 1-4-2014. i.e. out of 470, 283 sections are applicabl

Substance over Form

Posted by Amol Gopal Kabra (CA,CS,DISA) 09 June 2014 123590 Views

The concept of substance over form is very difficult to understand for the students in the initial stage. Owing to initial confusion many students either keep it in option or even if they study, dont understand it fully. I have made a short at

Throughput Accounting: A new approach to Management Accounting

Posted by Hetvi Sheth 05 June 2014 21770 Views

ICAI CA final Management Accounting module makes a slight reference to the concept of Throughput Accounting. On reading various literatures on this concept, it changed my pe

Analysis of Guidance Note on Real Estate Transactions (R)

Posted by CA. VIKAS RAI 28 April 2014 47580 Views

ANALYSIS OF Guidance note onAccounting for reAl estateTransacTionsObjectiveThe objective of this Guidance Note is to recommend the accounting treatment by enterprises dealingin 'Real Estate as sel

Tax on restaurants

Posted by Danish 07 April 2014 19600 Views

Restaurant BillNowadays Restaurant bills are quite confusing for everyone, after having a delicious dinner Restaurant bill makes you uncomfortable. because of too much tax collected on bill, around 30% above the menu price, and if you ask to Restaura

Forensic Accounting

Posted by Rajkumar Adukia 24 March 2014 57337 Views

Forensic Accounting Beginnings The term "forensic accounting" was first used in 1946 by Maurice E. Peloubet, a partner in a New York accounting firm. He wrote about the use of accounting in courtroom proceedings as part of testimony, but ac

AS - 30,31,32 The Terror Begins

Posted by Priya Agarwal 10 March 2014 48166 Views

Hedging the Risk: AS 30, 31, 32 instrumentsI have tried to summarize the topic a lot and then reached to this Short cum Lengthy Article :D. I hope it will help.This AS came into effect in respect of accounting period commencing on or after 1-04-2009

AS-26- Intangible Assets, Its Accounting Treatment And Disc

Posted by ESHA AGRAWAL 07 March 2014 246526 Views

Hello everyone, thanks for the appreciation for the first part of AS 26, now we will start the second part of our AS 26, before starting the second part attaching first of the articlehttp://www.caclubindia.com/articles/recognition-of-intangible-asset

Recognition Of AS-26 - Intangible Assets, Its Accounting Treatment

Posted by ESHA AGRAWAL 06 March 2014 29520 Views

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