What is Market making? All you have to know about it (Detailed)
Market making: Market maker is a brokerage firm or an institution that engages in buying and …
Introduction to IRDAI and History of insurance in India
Introduction to IRDAI: A dictionary meaning of insurance is, “an agreement with a company (insurer) …
Users of Accounting Information, who can use accounting info
Users of Accounting Information: Accounting is of primary importance to the proprietors and the managers. …
Role of Accountant : Maintenance of Books of Accounts by Accountant
Role of Accountant: An accountant performs financial functions related to the collection, accuracy, recording, analysis …
What does the Recognised Stock Exchange do ? – Share Market
What does the Recognised Stock Exchange do ?, There is very less fact known about the …
Ind AS 37, Provisions, Contingent Liabilities and Contingent Assets
Ind AS 37: The objective of Ind AS 37 is to ensure that appropriate recognition criteria …
Double Entry System Definition, Advantages of Double Entry System
Double Entry System of book-keeping has emerged in the process of evolution of various accounting …
Derivatives – Meaning, Types, Advantages, Disadvantages
Derivatives is a product whose value is derived from the value of one or more …
Petty Cash Book, Imprest System of Petty Cash (Advantages)
Petty Cash Book: Payments in cash of small amounts like traveling expenses, postage, carriage etc. are …
Rules of Debit and Credit, Concept of Debit and Credit Entries
Rules of Debit and Credit: The left hand side of an account is called the …
Corporate Frauds and Auditors Responsibility – An Analysis
Corporate Frauds and Auditors Responsibility , The Companies Act, 2013, has introduced several new reporting …
What are Inter Institutional Deals and Bulk deals?, Features
What are Inter Institutional Deals and Bulk deals?: Foreign Institutional Investors (FIIs), Non-Resident Indians (NRIs), …
Udyog Aadhaar: Eligibility, Registration, Benefits, Apply Online
Udyog Aadhaar is Aadhaar for Business. It is a twelve digit Unique Identification Number provided …
Max Bupa ReAssure plan 2021: key features of the ReAssure plan
Max Bupa ReAssure plan: It was such a big relief to hear that Max Bupa …
What is IASB, FASB, IFRS, Ind AS and US GAAP? with Difference
What is IASB, FASB, IFRS, Ind AS and US GAAP?. Every individual performs some kind …
IND AS 36 Impairment of Assets – Applicability, Calculations
IND AS 36 Impairment of Assets: The objective of Ind AS 36 is to prescribe …
Ind AS 34, Interim Financial Reporting | AS 25 Vs Ind AS 34
Ind AS 34, Interim Financial Reporting: The objective of Ind AS 34 is to prescribe the …
Ind AS 12, Income Taxes | Difference between IndAS 12 and AS 22
Ind AS 12, Income Taxes: IndAS 12 prescribes the accounting treatment for income taxes. For the …
How to Calculate Net Profit for Managerial Remuneration
How to Calculate Net Profit for Managerial Remuneration, An special article on How to Calculate Net …
Conservatism Concept – meaning, definition with examples
Conservatism Concept – Conservatism states that the accountant should not anticipate income and should provide for …
Ind AS 19, Employee Benefits, Difference Between AS 15 & IndAS 19
Ind AS 19, Employee Benefits are all forms of consideration given by an entity in exchange …
Mobile Insurance: Why and how to get your mobile insured?
Mobile Insurance: Why and how to get your mobile insured?: this article is all about …
Ind AS 113, Fair Value Measurement | Definition | Market participants
Ind AS 113, Fair Value Measurement : Ind AS 113 applies when another Ind AS requires …
Ind AS 115, Revenue from Contracts with Customers (Detailed)
Ind AS 115: The objective of Ind AS 115 is to establish the principles that …
Suspense Account, What Is a Suspense Account? with Examples
Suspense Account: When a trial balance does not agree, efforts are made to locate errors …
Net Present Value (NPV): Meaning of NPV, How to Calculate NPV
Net Present Value (NPV): Present value of cash flows minus initial investments, The Net Present …
Ind AS 11, Construction Contracts | Ind AS 11 Vs AS 7
Ind AS 11, Construction Contracts: Ind AS 11 prescribes the accounting treatment of revenue and costs …
Cash Book – Meaning, Types of Cash Book, explanation, examples
Cash Book – Every business activity ultimately result in cash, therefore, recording of transaction involving cash …
Ind AS 2, Inventories (all you need to know) | Ind AS 2 Vs AS 2
Ind AS 2: Inventories constitute a major portion of current assets of an entity. A primary …
Should Professional Accountants Care about Culture? Yes!
Should Professional Accountants Care about Culture? Yes!. Extensive rules and procedures alone are not enough to …