Accounts Articles

An Overview of IND AS 41

Posted by CA Sanat Pyne 25 April 2023 8154 Views

IND AS 41 is a standard issued by the Institute of Chartered Accountants of India (ICAI) that provides guidance on the accounting treatment for agricultural activity. The objective of IND AS 41 is to ensure that the financial statements of entities engaged in agriculture provide relevant and reliable information about their agricultural activities.

Blockchain Adoption in Accounting: Opportunities and Challenges for Professional Accountants

Posted by CA Sanat Pyne 20 April 2023 12123 Views

Blockchain technology is a decentralized, distributed ledger system that allows for the secure and transparent recording of transactions.

Consequence of non-compliance with w.r.t maintenance of Books of Accounts, Statutory Registers and Minutes Book

Posted by Affluence Advisory 19 April 2023 5779 Views

In recent times, ROC has been diligently suspecting the non-compliance and passing stringent orders against the Company and its Directors. Therefore it has become important for the Company and Directors to ensure Compliance in true spirit and letter.

Accounting: Importance, Rules & Types

Posted by Aisha 12 January 2023 7221 Views

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions. ...

Points to be considered in the preparation of Annual Report - Part 3

Posted by CA Rakesh Ishi 15 December 2022 3096 Views

AS-5 required that All items of income and expense which are recognised in a period should be included in the determination of net profit or loss for the period unless an AS requires or permits otherwise.

Points to be considered in the preparation of Annual Report - Part 2

Posted by CA Rakesh Ishi 06 December 2022 4715 Views

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.

How Blockchain Will Impact Accounting Professionals

Posted by Suhasini

02 December 2022 7670 Views

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...