"A Chartered Accountant qualified in January 2023. Fortunate enough to have got work experience in various fields such as Income Taxes, GST, Erstwhile Indirect Taxes, Accounting, Statutory Audit, Tax Audit. Always keen to learn, avid traveller and a hardcore cricket addict. "
Explore practical insights into inventory auditing for manufacturing/trading companies. Learn key audit considerations, from physical counts to valuation, ensuring compliance with AS 2 and IND AS 2.
Explore recognition and measurement of Expected Credit Loss (ECL) under IND AS 109. Learn practical approaches like Bad Debts % and Sales Return to compute ECL for trade receivables.
Dive into a comprehensive analysis of the gratuity provisions under the income tax, with an in-depth look into Sections 40A(7) and 36(1)(v). Learn how these laws affect your tax deductions.
Avoid common mistakes while filing your ITR. Select the correct form, match income with Form 16 and Form 26AS, disclose necessary details, claim proper deductions, and verify your return promptly. Seek expert advice for accurate tax planning.
Understand the new income tax rates for individuals and HUFs in India for the financial year 2023-24. Explore the default New Regime, deductions foregone, and changes in surcharge. Make informed decisions based on income slabs and rebates. Stay updated with tax implications and plan your finances accordingly.
Explore the purpose, types, and examples of Analytical Review in financial auditing. Understand how auditors use analytical procedures to ensure accuracy in financial statements, including ratio analysis, trend analysis, and real-world examples. Stay informed on the vital role analytical review plays in risk assessment and substantive audit procedures.
Understand EBITDA (Earnings Before Interest, Taxes, Depreciation, and Ammortization) – a crucial metric for assessing operating profit. Learn the formula, usage in comparison, and how to calculate EBITDA Margin. Dive into an example to grasp its practical application and importance for evaluating business performance.
