Articles by CA Rakesh Ishi

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

CA Rakesh Ishi 06 December 2022 at 09:53

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.

Top Useful Ratios for any Company

CA Rakesh Ishi 05 December 2022 at 15:35

Ratio analysis gives a more accurate picture of a company. It helps in comparison of company's performance to similar company's or industries to understand the position in the market.

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.

Do's and Don'ts on UDIN

CA Rakesh Ishi 25 November 2022 at 16:24

UDIN is one of the landmark reforms of ICAI in the world to conceptualize the concept of UDIN. UDIN is mandatory from 1st Feb 2019 for all certificates certified by CAs.

10 Study Techniques used during CA Exams

CA Rakesh Ishi 23 November 2022 at 10:36

Focus on your study time on the important areas that are most frequently asked in the exams.

Non-Compliances related to Cash Flow Statement

CA Rakesh Ishi 04 November 2022 at 08:58

Note to the financial statements of the company on Trade Receivables that there is an increase in trade receivables while comparing the outstanding balance as at the end of the previous year and the current year.

Non-Compliances related to Auditor's Report

CA Rakesh Ishi 24 October 2022 at 08:07

It was observed that the separate section on going concern was not reported by the auditor as required by SA 570 (Revised)

Importance of Time Management for Chartered Accountants

CA Rakesh Ishi 17 October 2022 at 08:43

Time is like an arrow, once left the bow does not come back. There are 24 Hours in a day just like everyone else. There is no magic to optimize your 24 hours, it's just planning effectively. Management refers to effective utilization of resources.

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...