Financial Reporting

Value Added statement isn't an Account in the traditional sense. It is mere a statement showing the economic output of...

Depreciation as we know is a reduction in value of asset put to use from wear and tear. Over the...

Money Market is an important ingredient for growth and development of an economy. India too is no exception for it....

Straight Line Method (SLM) and Written Down Value (WDV) methods are the most used methods for calculating depreciation. Although Companies...

Accounting Standards describe the accounting principles. They provide for the valuation techniques and the methods of applying the accounting principles....

Accounting is a language in itself. It communicates the financial statements of an enterprise. It speaks its financial status. But,...

Institute of Chartered Accountants of India, which is the apex body of accountants in India has issued a framework on...