Trending
Home » Accounting

Accounting

Partnership Firm Registration Procedure in India | Partnership Deed

Partnership Firm Registration Procedure in India | Partnership Deed

How to Start and Register a Partnership Firm in India. In the previous article, we have given What Partnership Deed is and What are its Main Contents?. Today we are discussing partnership firm registration process in India. Partnership firms in India are governed by the Indian Partnership Act, 1932. While it is not compulsory to register your partnership firm as there are …

Read More »

Definitions and New Rates of CRR, SLR, Repo Rate, Reverse Repo Rate

Definitions and New Rates of CRR, SLR, Repo Rate, Reverse Repo Rate

Definitions and New Rates of CRR, SLR, Repo Rate, Reverse Repo Rate. In the previous article, we have given complete details AS – 2 Inventory and AS – 6 Depreciation. Today we are providing the definitions and new rates of CRR (cash reserve ration), SLR (Statutory Liquidity Ratio), Repo rate, Reverse repo rate, and 5 Major differences between Repo Rate …

Read More »

What is Partnership Deed and What are its Main Contents?

What is Partnership Deed and What are its Main Contents

What is Partnership Deed and What are its Main Contents?. A partnership comes into existence by agreement between the persons who want to share the profit of the business. Such an agreement may be implied by the conduct of the partners or may be express (Oral or written). In order to avoid future dispute, it is advisable to have a …

Read More »

Accounting Standard (AS) – 14 Accounting for Amalgamation

Accounting Standard (AS) – 14 Accounting for Amalgamation

Accounting Standard (AS) – 14 Accounting for Amalgamation. This standard deals with accounting for amalgamations and the treatment of any resultant goodwill or reserves. This Standard is directed principally to companies although some of its requirements also apply to financial statements of other enterprises. This standard does not deal with cases of acquisitions which arise when there is a purchase …

Read More »

AS 6 Depreciation Accounting Revised Notes | Applicability

AS 6 Depreciation Accounting Revised Notes | Applicability

AS 6 Depreciation Accounting Revised Notes | Applicability. In the previous articles, we have given complete details of AS 2 Valuation of Inventory and AS 10 Fixed Assets. Today we are providing the full details of Accounting Standard – 6 Deprecation accounting. In this article, you can get the definition of A.S – 6, Applicability, Non-Applicability etc. This notes is useful for IPCC …

Read More »

AS 2 Valuation of Inventory Revised Notes and Applicability

AS 2 Valuation of Inventory Revised Notes and Applicability

AS 2 Valuation of Inventory-Revised Notes and Applicability. In the previous article, we have given complete details of A.S 6 (Depreciation) and A.S 10 (Fixed Assets). Today we are providing the full details of Accounting Standard – 2 valuation of inventory. In this article, you can get the definition of A.S – 2 valuations of inventories, applicability, and non-applicability, valuation …

Read More »

AS 10 Accounting For Fixed Assets Revised Notes

AS 10 Accounting For Fixed Assets Revised Notes

AS 10 Accounting For Fixed Assets Revised Notes. In the previous article, we have given the complete details of AS 2 Valuation of Inventory and A.S 6 (Depreciation). Today we are providing the full details of Accounting Standard – 10 revised summary notes. In this article, you can get the definition of fixed asset, applicability, non-applicability, the cost of fixed asset includes, which …

Read More »

Accounting Standard 15 Employee Benefits Summary Notes PDF

AS 15 Employee Benefits Summary Notes PDF

AS 15 Employee Benefits Summary Notes PDF.  In the previous article, we have given AS 25 Interim Financial Reporting and AS 27 Financial Reporting of Interests in Joint ventures. Today we are providing the complete details of accounting standard 15 employee benefits I:e objective, applicability, definitions, short-term employee benefits, recognition and measurement, post-employment benefits scheme, multi-employer plans and accounting treatments. You can also …

Read More »

AS 27 Financial Reporting of Interests in Joint ventures

AS 27 Financial Reporting of Interests in Joint ventures

AS 27 Financial Reporting of Interests in Joint ventures. In the previous articles, we have given AS 25 Interim Financial Reporting and AS 22 Accounting For Taxes on Income. Today we are providing the complete details of accounting standard 27 financial reporting of interests in joint ventures I;e objective, Applicability, Scope, definitions, forms of a joint venture, jointly controlled operations, jointly controlled assets, jointly …

Read More »

AS 25 Interim Financial Reporting Format Notes | ICAI

AS 25 Interim Financial Reporting Format Notes | ICAI

AS 25 Interim Financial Reporting Format Notes | ICAI. In the previous articles, we have given AS 22 Accounting For Taxes on Income and AS 28 Impairment of Assets. Today we are providing the complete details of accounting standard 25 interim financial reporting I;e objective, scope, definitions, content of an interim financial report, form and content of interim financial statements, explanatory notes and disclosure …

Read More »