Accounts Articles


R & R Expenditure in Land Acquisition - An Accounting Debate

Posted by Sanjay Chauhan (IFRS) 28 August 2014 20600 Views

IntroductionWith the growing need to grow, various industrialists in developing nations like India step forward to invest in new manufacturing facilities. One of the key requisite for this activity is Land, on which the upcoming industries will be se



Review of Audited Accounts for New Advance

Posted by CA Satish Badve 12 August 2014 6540 Views

Banking Made Simple: Review of Audited Accounts for New Advance: This note is prepared with a view to understand step by step the points to be look into and their relevance for consideration of sanction of advance



DOT- COM Companies and Accounting Concepts

Posted by Naresh Kansala 12 August 2014 19263 Views

DOT-COM Companies, Accounting Concepts and Its Practical TreatmentsWith the development of IT industry there is huge scope for growth not in the IT industry but in all other industries too and the growth of E-Commerce has revolutionized



Depreciation, Companies Act 2013 & The Practical Implication

Posted by Naresh Kansala 22 July 2014 477298 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 123618 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 21784 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 47607 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 19606 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 57365 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 48177 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




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