Posts of - Accounting
Role of Accountant: Maintenance of Books of Accounts
Role of Accountant: An accountant performs financial functions related to the collection, accuracy, recording, analysis, and presentation of…
ByCAknowledgeAug 13, 2024
Suspense Account, What Is a Suspense Account? with Examples
Suspense Account: When a trial balance does not agree, efforts are made to locate errors and rectify them.…
ByCAknowledgeAug 13, 2024
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 Value (NPV) method…
ByCAknowledgeAug 13, 2024
Trial Balance: features, objectives, methods of preparing
Trial Balance methods: A trial balance is a schedule or list of debit and credit balances extracted from…
ByCAknowledgeAug 13, 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
