Ledger – Principal Book of Accounts, Ledger Accounts & Posting
Ledger - Principal Book of Accounts: All journals are posted into ledger chronologically and in a classified manner…
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Accounting
Business Entity Concept – Introduction, Meaning, Effects, Example
Business Entity Concept -: Here we are providing complete discussion on Business Entity Concept like Meaning of …
Journal – Meaning, Format, Process and Types of Journal Entries
Journal - Meaning : Process and Types of Journal Entries. Journal is the first stage of recording business…
Difference between Management Accounting and Financial Accounting
Difference between Management Accounting and Financial Accounting: Business is an economic activity undertaken with…
AS 1 (Accounting Standard 1) – Disclosure of Accounting Policies
AS 1 - Disclosure of Accounting Policies. This Standard deals with the disclosure of significant accounting…
Value Added statement: Introduction and Historical Background
Value Added statement is another form of understanding performance or profitability of an enterprise. It shows how…
How to Read or Analyse a Balance Sheet – What is Balance Sheet?
How to Read or Analyse a Balance Sheet, My this article is about analysing the financials of any company which may…
Ind AS 40, Investment Property | Recognition | Measurement | Cost
Ind AS 40, Investment Property : The objective of Ind AS 40 is to prescribe the accounting treatment for investment…
Advantages of Accounting, check out main Advantages of Accounting
Advantages of Accounting: These advantages usually coincide with the ability for companies to improve operations…
Cash Basis Vs Accrual Basis of Accounting – check out difference
Cash Basis Vs Accrual Basis of Accounting, We all have heard about the cash basis & accrual basis of…
Basic Principles of Accounting and Golden Rules of Accounting
Basic Principles of Accounting and Golden Rules of Accounting. GAAP (Generally Accepted Accounting Principles) is…
Limitations of Accounting, Disadvantages of Accounting (Detailed)
Limitations of Accounting, What are the Limitations of Accounting: Accounting is not fully exact: Accounting is…