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Ca Rakesh Ishi

Latest Posts by Ca Rakesh Ishi

Tale of Revenue recognition through Five-Step Model (IND AS 115)

December 1, 2024 1320 Views 0 comment Print

Learn the Five-Step Model under IND AS 115 for accurate revenue recognition. Understand contracts, obligations, transaction price, allocation, and timing with examples.

The Tale of Principles of Inventory Valuation (IND AS 2)

November 29, 2024 591 Views 0 comment Print

Learn how IND AS 2 defines inventory, valuation methods like FIFO, NRV, and cost allocation rules. Simplify inventory management with these key insights.

Tale of Provision, Contingent Liability and Contingent Asset (IND AS 37)

November 27, 2024 780 Views 0 comment Print

Learn how IND AS 37 guides accounting for provisions, contingent liabilities, and contingent assets. Ensure transparency in uncertain financial scenarios.

Debt Recovery Simplified: Section 13 of SARFAESI Act

June 17, 2024 1659 Views 0 comment Print

SARFAESI Act of 2002 addresses India’s non-performing assets. Section 13 empowers secured creditors to enforce security interests without court proceedings, streamlining debt recovery.

Importance of a Well-Crafted Signature for Chartered Accountants (CA)

April 18, 2024 55992 Views 0 comment Print

Discover the significance of a well-crafted signature for Chartered Accountants (CAs). Learn how your signature reflects professionalism, identity, and personality traits, and avoid common errors in signature creation.

Tips to Maximise Productivity While Awaiting CA Exam Results & Effective Time Utilization

June 1, 2023 1314 Views 0 comment Print

Discover effective tips to maximize productivity while awaiting CA exam results. Engage in online courses, develop personal projects, learn new software, enhance soft skills, expand your network, and maintain a healthy lifestyle. Embrace this waiting period as an opportunity for learning, personal growth, and resilience in the pursuit of success beyond exam results.

Exploring Unique Fields for CA Students and Practical Ways to Enroll

May 21, 2023 2007 Views 0 comment Print

Discover unique career opportunities for CA students in India, from data analytics to financial modeling, tax planning, risk assurance, insolvency, and corporate governance. Explore courses and potential income in these specialized fields.

Anyone Can Become a CA with These Essential Skills

May 18, 2023 1248 Views 0 comment Print

Embark on the journey to becoming a Chartered Accountant with essential skills: numerical proficiency, attention to detail, problem-solving, time management, effective communication, adaptability, and ethical integrity. Unleash your potential for greatness in the world of finance. Anyone can become a CA with dedication and the right skills. Explore the fulfilling career path of a Chartered Accountant.

Changes to Revenue Recognition for Different Industries – Ind AS 115

May 12, 2023 7740 Views 0 comment Print

Explore the impact of Ind AS 115 on revenue recognition across diverse industries. Learn the five-step model, examples for construction, software, telecom, retail, and healthcare sectors, and understand the shift towards a more accurate and transparent revenue recognition framework. Ensure compliance with the new standards for a comprehensive understanding of your company’s revenue activities.

How to Effectively Handle a Show Cause Notice in GST

May 11, 2023 2265 Views 0 comment Print

When you receive a Show Cause Notice (SCN), take your time to carefully read and understand the allegations made against you. Make sure you know which legal provisions you are accused of contravening, and what specific actions or omissions are being questioned. Take note of the timeline and deadline for submitting your reply.

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