Accounts Articles
How to prepare Employees Data and Inputs for Actuarial Valuations in compliance of IndAS 19 & AS 15R for Employee Benefit Plans
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.
An Overview of IND AS 41
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
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
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.
Ind AS 115: Summary IND AS 115 Revenue from Contracts with Customers
Ind AS 115 deals with Revenue from Contracts with Customers Notified by MCA based on recommendation by ICAI.
Ind AS 116: Brief overview on Ind AS 116 - Leases
Ind AS 116 sets out the principles for the recognition, measurement, presentation, and disclosure of leases.
Points to be considered in the preparation of Annual Report - Part 3
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
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.
Points to be considered in the preparation of Annual Report - Part 1
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
03 December 2022
7672 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...
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