Accounts Articles

Accounts Payable Management

CA Ajay goel 14 September 2023 at 09:02

Accounts payable (AP) is a term used in accounting to describe the money a company owes to its suppliers or creditors for goods and services that have been rece..

Strategies for managing Accounts Receivables

CA Ajay goel 11 September 2023 at 08:54

Accounts receivable is a balance sheet item representing money owed to a company by its customers for goods or services provided on credit

Record to Report (R2R) Process: Managing Finances Made Simple

CA Ajay goel 09 September 2023 at 15:02

Imagine you have a personal budget spreadsheet where you keep track of your income, expenses, and savings. You record your salary, input all your expenses like ..

Demystifying Procure to Pay and Order to Cash: The Backbone of Business Operations

CA Ajay goel 07 September 2023 at 08:52

In this article, we will unravel the mysteries of the P2P cycle in a uniquely laid-back and easy-to-understand manner, using a relatable example.

Demystifying COGS and OPEX: Key Financial Concepts for Business Success

CA Ajay goel 06 September 2023 at 09:07

Picture your favorite pizza place. You know that delicious pizza you order? Well, there's a cost to make it, and that's what we're diving into today - understanding how much it costs to make the pizza (COGS) and what it takes to keep the pizza place running (OPEX).

Decoding Financial Ratios: A Comprehensive Guide to Evaluating Company Performance

Nikita Agarwal 17 August 2023 at 09:12

Financial ratios are quantitative tools that offer insights into a company's financial performance, health, and stability. These ratios are calculated using various financial figures extracted from a company's financial statements, such as the balance sheet, income statement, and cash flow statement.

Understanding the Limitations and Significance of Cash Flow Statements in Financial Analysis

Savan Patel 14 August 2023 at 15:26

This article explores the constraints of cash flow statements and their implications in financial analysis.

Trading Window Closure becomes mandatory for all listed entities

Affluence Advisory 19 July 2023 at 14:20

Stock Exchanges have vide its circular dt: June 28, 2023 extended applicability of Circular to all listed entities in a phased manner

Transition to XBRL filings for listed entities

Affluence Advisory 27 June 2023 at 15:11

The BSE and the NSE have stipulated in both circulars that the XBRL submissions must be made within 24 hours following the PDF submissions.

How to prepare Employees Data and Inputs for Actuarial Valuations in compliance of IndAS 19 & AS 15R for Employee Benefit Plans

Tikaram Chaudhary 24 May 2023 at 08:54

This article is prepared to help the company officials (I.E. HR, Accountant, Finance Managers, & Company Secretary) involved in preparation of Actuarial Inputs for Actuarial Valuations in compliance of AS 15 (Revised 2005) & IndAS 19 to understands various technical points while preparing the Inputs.