"I am a Chartered Accountant by profession. I started my teaching journey in 2009 while pursuing Graduation B.com (H) from Delhi University, I Started teaching Accountancy to Academic level (11th & 12th Standard) students. From 2009 onwards I have taught many students of both Academics and graduation level in coaching institute as well as home tuitions. Then I started professional course (Chartered Accountancy) in June 2011 by giving Common Proficiency Test (CPT) exam. I cleared CA-Intermediate (IPCC) exam through self-study where I got exemption in 3 out of 4 subjects (Accounts, Tax and Cost/FM) in group 1 along with exemption in Advance accounts of group 2. I have cleared my CA –Final in May 2016 getting exemptions in Financial Reporting, Strategic Financial Management, Costing (now Strategic Cost and Decision Making). I have experience of teaching accounting to students enrolled in various courses, beginning right from 11th (Academics level) to MBA/CA-IPCC (Professional level). I have also taught online to ACCA students at VG learning destination. Along with this, I am working professionally since last 3 years in Auditing, taxation and Financial Reporting profile. Currently I am working in Financial Reporting/IFRS profile in one of the top 10 accounting firms in India. Accounting has always been one of the most interesting subjects for me and I’d be happy to explain accounting concepts "
This article aims at covering most of the concepts of recently issued Ind AS 116 by the ICAI and MCA which will supersede the earlier issued standard Ind AS 17 on leases w.e.f. 01st April 2019 1. Introduction Ind-AS 116 Leases brings significant changes in accounting requirements for lease accounting, primarily for lessees. Ind-AS 116 […]