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Finance & Accounting

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Mar 21 2023

Guidance on Electronic Filing of Financial Statement Au...

A company's statements must be filed with the registrar along with Form AOC-4 annually for each Financial Year, which means the period ends on the 31st day...

Mar 14 2023

How does an Asset Management Company Make Money?

Investment companies, called asset management companies, provide a variety of services to their clients. Often, they handle private accounts for other busi...

Mar 13 2023

Eligibility Criteria of an Asset Management Company...

An organisation that manages various types of funds from retail clients and invests them in various sectors to maximise returns is known as an asset manage...

Mar 01 2023

What Is an Audited Financial Statement? Who Needs It?...

There are a number of regulations and compliances which are required by the organization to comply with. One such compliance is to get the financial statem...

Feb 23 2023

Everything about Indian Accounting Standards (Ind AS)...

Indian Accounting Standards (Ind AS) are standard protocols adopted by the Indian companies mentioned under Section 133 of the Companies Act of 2013[1] wit...

Feb 20 2023

Basic Concepts of Financial Statement Audit

Financial Statements Audit simply means the examination, inspection, or review of an entity's financial statements[1]. The process of financial statement a...

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Feb 20 2023

Auditing Disclosures in Financial Statements

The issues of auditing disclosures have been recently considered by the International Auditing and Assurance Standards Board (IAASB)[1]. Various factors su...

Jan 24 2023

Accounting Treatment of Government Grants as per AS 12...

A venture's receipt of government grants is crucial for the preparation of financial statements for two reasons. First, an appropriate accounting strategy...

Jan 04 2023

Set Off and Carry Forward of Losses

Profit and loss are two sides of a coin. However, incurring losses can be demoralizing for the business, but the Indian Income-tax law does provide taxpaye...

Dec 26 2022

Debt Collection: An Analysis

Businesses often face a financial crunch due to delayed payments by their customers and the inability of the businesses to collect those payments and other...

Dec 16 2022

Outsourcing Accounting Services: Checklist and Signific...

Today there are many entities offering accounting services to different businesses. Outsourcing the work of an accountant allows businesses to save a major...

Dec 08 2022

Future of Cloud Accounting & Financial Services- A...

As automated and intelligent technologies are disrupting our lives rapidly, they are reinventing the accounting and financial services ecosystem. With the...

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