Accounts Articles

Basic Steps involving to install the Costing system

CMA Ramesh Krishnan 19 December 2011 at 17:51

Introduction: Costing system is an important tool for Cost control and cost optimization in any type of organization. Each industry has got different type of cost involving in to the operations,

Reconciliation of Accounts

Rahul Gupta 13 December 2011 at 11:53

Reconciliation of Accounts is one of the important day to day activity enables the assigned personnel to complete its job. There are lot of reasons behind the differences arise in Account Balances of various types. Although practically mismatching o

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