Posts of - Accounting
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 and measurement bases…
ByCAknowledgeAug 16, 2024
Accounting Estimates: Meaning and Example of Accounting Estimates
Accounting Estimates: Earlier, we have learned how to measure a transaction which had already taken place and for which…
ByCAknowledgeAug 15, 2024
Accounting Standard 10 (AS 10): Property, Plant and Equipment
Accounting Standard 10 (AS 10) – Accounting for Fixed Assets. The objective of this Standard is to prescribe…
ByCAknowledgeAug 14, 2024
Ind AS 2: Inventories, Difference Between IndAS 2 and AS 2
IndAS 2: The objective of this Standard is to prescribe the accounting treatment for inventories. This Standard provides…
ByCAknowledgeAug 14, 2024
Double Entry System Advantages and Disadvantages in Detailed
Double Entry System Advantages and Disadvantages: Any business transaction involves at least two accounts which we call Debit…
ByCAknowledgeAug 16, 2024
Definition of Accounting, What is Accounting, Accounting Meaning
Definition of Accounting: Accounting is used by business entities to keep records of their monetary or financial transactions.…
ByCAknowledgeAug 16, 2024
