Dear All,In india for all Accounting Interpretation we have ASI (Accounting Standard Interpretation) in line of that in IFRS there is also some Interpretation which is known as IFRIC- International Financial Reporting Standards Interpretation Commit
It is really very difficult to codify the powers of the Tribunal under section 397/398 of the Act. Obviously, the Tribunal has wide powers or powers to pass such orders in order to put an end to the matters complained of. While all the se
Differences v DividendsØ Dividends are classified as a financial liability and are reported in the income statement as an expense. If dividends are declared subsequent to the balance sheet date, it is not recognised as liability. (I
IntroductionMy discussion here dealt withCA course preparation and presentation. My articles deals what is the realproblemof a ca student , how mentally prepared for facing the challenges and finally how to handle the CAexam effectively and defiantly
Inflation in India drastically fell to a two-decade low of 0.44 per cent in the first week of March as food and fuel items turned cheaper, prompting analysts to say that rate of price rise would soon turn negative. Wholesale price-based inflation dec
As everybody know, the formation and functioning of companies in India are governed by the Companies Act, 1956, the rules framed by the Central Government, the SEBI regulations and RBI guidelines and regulations on certain issues like inter-country t
How far the gold price will go. In the past few days gold price have shown the glitters of it in real terms setting new levels of high in price. Gold prices zoomed to a record high at Rs 15,200 per 10 gram in the Indian bullion market in the past fe
When we will get the next bull market rally. Each and every one is having one question in mind that when the Indian stock market will come out from the downward trend and will make another bull market rally. In fact the answer to this question is dif
IFRS - Challenges n Major Challenges : v Shortage of Resources With the convergence to IFRS, implementation of SOX, strengthening of corporate governance norms, increasing financial regulations and global economic growth, acc
IAS 32 Financial Instruments - Definition v A financial instrument is any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entityv The financial instr
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