Accounting

IndAS 10 Event Occurring After the Reporting Period. The Standard requires that an entity should not prepare its…

Ind AS 1, Presentation of Financial Statements: Ind AS 1 prescribes the basis for presentation of general purpose…

Ind AS 23, Borrowing Costs: Borrowing costs that are directly attributable to  the acquisition, construction or…

Ind AS 20, Accounting for Government Grants and Disclosure of Government Assistance: This Standard shall be applied…

Ind AS 21, The Effects of Changes in Foreign Exchange Rates: An entity may carry on foreign activities in two ways.…

Debt Equity Ratio: The debt-equity ratio is an indication of the relationship between the contribution of the…

Basic Principles of Accounting and Golden Rules of Accounting. Top10 Most Important Basic Accounting Principles…

Role of Accountant: An accountant performs financial functions related to the collection, accuracy, recording,…

Ind AS 12, Income Taxes: IndAS 12 prescribes the accounting treatment for income taxes. For the purposes of this…

IndAS 2 - Inventories constitute a major portion of current assets of an entity. A primary issue in accounting for…

Ind AS 33, Earnings per Share : The objective of Ind AS 33 is to prescribe principles for the determination and…

IndAS 23 Borrowing Costs: Definition, Scope, Treatment, Disclosure: It is quite common where an entity borrow funds…