Accounts Articles

How Blockchain Will Impact Accounting Professionals

Suhasini 02 December 2022 at 10:56

Digital technology has been influencing our world since the 1980s when the internet was introduced to the public. Since then, we've seen mobile phones, game con..

Points to be considered in the preparation of Annual Report - Part 1

CA Rakesh Ishi 28 November 2022 at 09:52

Non-compliance pointed out in the Annual Reports of various companies related to (AS) Accounting standards used in the preparation and presentation of financial statements.

Non-Compliances related to components of Profit & Loss Statement

CA Rakesh Ishi 14 October 2022 at 16:31

It was noted from the accounting policy of revenue that the element of financing has not been considered if the credit term is consistent with market practices...

Common Non-Compliances of Financial Reporting: Equity & Liabilities - Part 3

CA Rakesh Ishi 11 October 2022 at 15:50

Common Non-Compliances of Financial Reporting: Equity & Liabilities

FCRA registration for Foreign Donation

Musharraf Iqbal 07 October 2022 at 08:46

The Ministry of Home Affairs grants the FCRA registration as authorization to regulate foreign donations received by Indian nonprofit organisations. You must register with the Foreign Contribution Regulation Act if you are a registered NGO, charitable trust, or section 8 company and want to receive donations from abroad.

Non-Compliances of Financial Reporting - Assets - Part 2

CA Rakesh Ishi 07 October 2022 at 08:46

OBSERVATIONS1. INVESTMENTS IN EQUITY SHARESIt was observed from the note to the financial statements on Non-Current Investments that the value of investments in..

Common Non-Compliances of Financial Reporting - Part 1

CA Rakesh Ishi 02 October 2022 at 17:49

The common non-compliances in reporting requirements of various applicable Statues as observed by the Financial Reporting Review Board (FRRB) constituted by ICAI during the review proceedings.

Financial Statements For Non-Corporate Entities

Poojitha Raam 16 September 2022 at 14:21

Financial Statements provide the information about financial position, performance, and cash flows of an enterprise this helps in various decisions for the users. The Financial Statements are like the Performance Card of the entities.

Role of Management Accounting in launching new automobiles

Harsh Gupta 30 August 2022 at 12:44

When management accounting is implemented to the new vehicle launch, the main idea is to increase the cost consciousness level of engineers and provide cost information that supports decision-making situations during the project execution.

Top 10 must-have skills for accountants

Arpit Tandon 29 August 2022 at 12:22

Accountants are in charge of offering their clients or the businesses they work for financial management services and guidance. Even though accounting may not initially appear like the most attractive career option, if you look a little closer, you'll discover a wide choice of options. Here are the top ten qualities an accountant should possess.