Systems of Accounting, Basis of accounting (Cash & Accrual Basis)
Systems of Accounting, Basis of accounting (Cash Basis & Accrual Basis). Difference between Accrual Basis of…
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Accounting
What Is Debit Note and Credit Note – Complete Details
What Is Debit Note and Credit Note: here we are providing complete details for Debit Note and Credit Note. In this…
Ind AS 29, Financial Reporting in Hyperinflationary Economies
Ind AS 29, Financial Reporting in Hyperinflationary Economies: Ind AS 29 shall be applied to the financial…
Ind AS 33, Earnings per Share, Difference Between AS 20 and Ind AS 33
Ind AS 33, Earnings per Share : The objective of Ind AS 33 is to prescribe principles for the determination and…
IndAS 7 – Statement of Cash Flows, difference between Ind AS 7 Vs AS 3
IndAS 7, Statement of Cash Flows: Ind AS 7 prescribes principles and guidance on preparation and presentation of…
Fundamentals of Accounting, Introduction to Financial Accounting
Fundamentals of Accounting: Every individual performs some kind of economic activity. A salaried person gets salary…
Ind AS 104, Insurance Contracts (All you need to know about)
Ind AS 104, Insurance Contracts: The objective of Ind AS 104 is to specify the financial reporting for insurance…
What is Debit and credit explained with accounting equation
What is Debit and credit explained with accounting equation. We often come across the words Debit and credit in…
Ind AS 32, Financial Instruments: Presentation – In Detailed
Ind AS 32, Financial Instruments Presentation: The objective of Ind AS 32 is to establish principles for presenting…
Double Entry System Advantages & Disadvantages – Full Analysis
Double Entry System Advantages & Disadvantages: Any business transaction involves at least two accounts which…
Balancing Ledger Accounts, Ledger accounts balancing procedure
Balancing Ledger Accounts: Balancing of an account means the process of equalizing the two sides of an account by…
Difference between Cash Flow Analysis and Funds Flow Analysis
Difference between Cash Flow Analysis and Funds Flow Analysis: Companies are evaluated on the basis of their…