Finance & Accounting

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Finance & Accounting

Challenges of IFRS Implementation in India

Challenges of IFRS

A business must ensure excellent corporate financial reporting, maintain records, and disclose expenses and revenues in order to have more transparency and...

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Finance & Accounting

Core Objectives of Cost Management for Business Growth...

Objectives of Cost Management

The term ‘Cost Management’ is in vogue in business jargon these days. Unfortunately, no specific definition has been available to entirely cover all th...

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Financial Reporting

Different Types of Financial Reports That a Business Ne...

Types of Financial Reports

There are several types of financial reports that provide an insight into the past, present and future financial status of your business. Every business ow...

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Financial Reporting

What are the Key Objectives of Financial Reporting of a...

Key Objectives of Financial Reporting

Every company has multiple departments having different functions for handling and achieving organisational goals. All the departments have their specific...

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Financial Reporting

Interim Financial Reporting: Advantages and Disadvantag...

Interim Financial Reporting

Interim Financial Reporting is a detailed financial report prepared by a company for measuring and evaluating the firm’s progress on a less than annual b...

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Financial Reporting

IFRS Standards

IFRS Standards

International Financial Reporting Standard lists are the guiding rules set for maintaining records and financial affairs of a business entity. IRFS Standar...

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Finance & Accounting

A summary of IAS 21 on Changes in Foreign Exchange Rate...

A summary of IAS 21 on Changes in Foreign Exchange Rates

Foreign currency transactions, foreign activities, and translation to presentation currency are all covered by IAS 21. Foreign currency transactions and op...

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Finance & Accounting

A Guide to the Interpretation of IFRS 10

A Guide to the Interpretation of IFRS 10

The component of IAS 27 on Consolidated and Separate Financial Statements that deals with accounting for subsidiaries on consolidation is replaced by IFRS...

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