Financial Reporting
Get articles covering Financial Reporting.

Value Added Statements – A way to Show Value added by organisation apart from Financials

Value Added Statement reveals a company's economic output. It's different from a traditional Profit & Loss statement. Learn how to calculate Gross Value Added (GVA) and Net Value Added (NVA) and the benefits of each!

Calculate Depreciation as per Companies Act, 2013

Calculate depreciation under the Companies Act, 2013! Learn how to use the WDV method and find useful life for your assets in Schedule II.

Know how to calculate Treasury Bills, Bonds, etc. in Money Market Operations

India's money market is growing fast! Learn about its features, math, and how to calculate yields and effective interest rates.

How to calculate WDV Rates for Depreciation

Learn how to calculate depreciation using the Written Down Value (WDV) method. Get the formula, steps, and a helpful trick for easy calculation!

Benefits and Limitations of Accounting Standards

Accounting standards: Good for comparability and reliability, but sometimes too rigid. They help investors and accountants trust financial statements.

Objectives of Accounting Standards

Accounting standards ensure financial statements are reliable and comparable. They create trust, reduce ambiguity, and make global business easier.

Framework for the Preparation and Presentation of Financial Statements

India's ICAI issued a framework for preparing financial statements. It outlines concepts for external users, but isn't a standard itself. It guides the development of future accounting standards.