Accounts Articles
Recognition Of Intangible Assets, Its Accounting Treatment
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
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
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
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
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
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
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
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
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
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
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