Finance & Accounting

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Finance & Accounting

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

Accounting Treatment

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

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Finance & Accounting

Set Off and Carry Forward of Losses

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...

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Finance & Accounting

Debt Collection: An Analysis

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...

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Finance & Accounting

Outsourcing Accounting Services: Checklist and Signific...

Outsourcing Accounting Services: Checklist and Significance

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

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Finance & Accounting

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

Future of Cloud Accounting & Financial Services - A Complete Overview

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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Finance & Accounting

How to Prevent Your Business from Financial Fraud?

How to Prevent Your Business from Financial Fraud?

Financial fraud is quite frequent in an organisation regardless of strict regulatory requirements. Frauds are not always extraneous, like phishing; fraud c...

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Financial Reporting

NFRA’s Interpretation on SA 230 – Audit Documen...

NFRA’s Interpretation on SA 230 - Audit Documentation

Standard of auditing 230 refers to the auditor's purpose in constructing documentation of audit, which gives an adequate and relevant record of the basis f...

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Financial Reporting

Overview: Financial Reporting and Analysis

Overview: Financial Reporting and Analysis

While people may know that a financial reporting and analysis process is important, maybe people understand its undeveloped power and potential. Financial...

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