Accounts Articles

Valuation of Goodwill

C.A Tarun Shah 01 November 2011 at 11:19

Meaning of Goodwill : In a simple terms the word goodwill means a reputation in accounting terms the goodwill means the extra profit available to concern due to various factors i.e lo

Combined Application of AS 11 & AS 16

CA Siddhartha Bhardwaj 28 October 2011 at 11:17

This article deals with the combined application of AS 11 and AS 16. This article defines a situation in which the exchange difference shall be treated as both borrowing cost as per AS 16 and exchange difference as per AS 11. In simple words the e

HAWK' Eye - AS 15 - Employee Benefits

Fahim 22 October 2011 at 15:21

This happens to be one of the most ignored topic by the examiners and hence also by the students of CA profession. But it has to be embarrassing for a qualified chartered accountant

Blackberry - Effective Tool for Time Management

Guest 13 October 2011 at 15:45

BLACKBERRY AS A TOOL I found a marked difference in my life after usage of blackberry for last five years. IN ONE LINE WHAT IS THE BIGGEST DIFFERENCE? YOU CAN CHECK EMAILS IN SMALL SLOTS OR FRACTION OF MINUTES, OF UNPRODUCTIVE TIME DURING THE DAY AN

Spirit Behind IFRS

Guest 11 October 2011 at 11:08

Q1 What are the primary differences with IFRS? GLOBAL vs LOCAL SUBSTANCE vs FORM GROUP vs STANDALONE ENTITY vs COMPANY PRINCIPLES vs RULES FAIR VALUE vs HISTORICAL COSTS BALANCE-SIIEET vs P and L Q2 What is advantage India in whole process?

Scam Management - Does IFRS brings check over it?

Guest 10 October 2011 at 12:20

Everybody in India now knows what is scam? But not everybody knows IFRS. Here is an attempt to highlight how IFRS highlights scams. Let us take some examples how following scams IFRS can highlight well in time. Spectrum scam - Spectrum is an intan

Taxation Issues Coupling with IND AS

CA S.SAIRAM 08 October 2011 at 13:27

The CBDT is mounted with a herculean task of resolving the conflicts in tax law vis--vis the new born Ind AS which is set to hit the Indian economy with a flurry of technical standards. Challenges inh

All about Taxation Entries

Gaurav Arya 05 September 2011 at 17:36

This article is helping hand for those students who feel problem in taxation entries. Experts and others are requested to correct me or give their valuable feedback. Taxation and accounting are the soul of the accounting profe

Accounting Practices in Construction & Infrastructure Industry (Part-2)

CMA Ramesh Krishnan 29 August 2011 at 13:03

Introduction: In Continuation of my first part, we will discuss about accounting practices in the Construction & Infrastructure Industry

Roadmap for Cost Records preparation under new regime

CMA Navneet Kr Jain 29 August 2011 at 13:03

Sub: Roadmap for Cost Record Maintenance / issue of Compliance Certificate under Companies (Cost Accounting Record Rules) 2011. After the issue of new notifications on 02/05/2011, 03/05/2011, 03/06/2011& 30/06/2011 the companies are required