Entity principle states that organization enterprise is a separate identity apart from its owner. Accountants ought to deal with an organization as distinct from its […]
Category: General
Travel Insurance – Factors to be considered while buying travel insurance
Travel Insurance Coverage– Everything You want to Know, All you want to know about Travel Insurance this article talks about the importance of the travel […]
Classification of Errors, Types of Errors (Clerical Errors)
Classification of Errors or Types of Errors: Every concern is interested in ascertaining its true profit and financial position at the close of the trading […]
AS 12 Accounting for Government Grants, Accounting Standard 12
By VRP Last updated Jan 16, 2024 AS 12 Accounting for Government Grants: This Standard deals with accounting for government grants. Government grants are sometimes […]
Difference between Post Life Insurance and LIC (Life Insurance)
Difference between Post Life Insurance and LIC, this article is about the difference between the PLI and LIC of India. Post Life Insurance and LIC which […]
How to Read or Analyse a Balance Sheet – What is Balance Sheet?
How to Read or Analyse a Balance Sheet, My this article is about analysing the financials of any company which may be private limited company or […]
Ind AS 21, The Effects of Changes in Foreign Exchange Rates
Ind AS 21, The Effects of Changes in Foreign Exchange Rates: An entity may carry on foreign activities in two ways. It may have transactions in […]
Accounting Concept: Types of accounting concepts with analysis
Accounting Concept: Accounting concepts are defined as basic assumptions on the basis of which financial statements of a business entity are prepared. They are used as […]