Each AS offers a wide variety of practical applications to the stakeholders in respect of full disclosure and transparency. In this article, we discuss IND AS 38, IAS 38, "Intangible Assets"
Know all about Goods Sent on Consignment, its Accounting, different types of Commission and Account Sales.
Over the years as the advanced POS has gained great popularity, the days of traditional cash registers are almost over. Let us understand how advanced POS solutions can help your business grow.
The amendment made in Ind AS 116 includes a practical expedient that provides lessees with a choice not to assess a rent concession occurring as a result of the direct consequence of the Covid-19 pandemic as a lease modification. Know more about the amendment here
Hospitality Industry - Does handing over business operations and premises, equate to lease, or hiring a sub-contractor?
Is Parking area a lease or a non-lease component as per Ind As-116?
Apart from differences in the perseverance in accounting and financial terms, the least we can predict is the future of both. The year 2020 has already been a year of financial loss and the loss did not hinder a state or a country, but the world has been suffering lately.
With the advent of innovations and new technologies due to pandemic across the world, the economic environment continues to evolve. Therefore, the change becomes a new constant for organizations to reshape their business model and business processes to be aware of recent trends. Accounting is an essential element of the business process.
IFRS 9 is crucial and important especially in Covid time. This IFRS application is very testing for Companies in Covid time.
How Audits are Being Performed Remotely by Accountants During the Pandemic?
Live class on PF & ESI Enrollment & Returns Filing(with recording)