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AS 1 discloses Accounting Policies, 2 is for Valuation of Inventories. Cash Flow is there in AS 3, AS 4 Post BS date, contingencies & events, the way one can treat.
With the increase in work load and performance pressure, multi tasking is the only way left to complete the work in limited time frame. Though it has helped us a lot but possibility of making errors has also increased many folds. We work in a field were making error is easy but getting it rectified from government authorities is very difficult and time consuming. So the question arises is how to utilize your limited time so as to reduce errors and increase productivity?
Life is not just copy and paste, As per touchstone-test, it’s TRACES & UPGRADES. Your destiny is ingrained in your hands dear, Tasks, which not as per Code of Ethics & Professional Conduct, do not bear.
Sun is one, Moon is one, Trick to pass any Exam is one. God is one, this Earth is one. Master Key to open Lock is one. How to face any exam in life, Always lies on One Rule guys. Remember, lesson of the day on daily basis. Read, next day’s lesson on advanced basis.
Corruption is in the human system from the ancient times. The first corruption happened when Adam on the advice of Satan disobeyed the Creator and ate the forbidden fruit of Eden. Corruption refers to the process in which a person makes a favor to another person expecting a favor in return. However, the term connotes […]
Hey! Do not get stressed, Articleship is the next step. Enter into this amazing ship, Now, you’re eligible for this golden ship. Start your ship, Without any fail. Learn, how to hold the grip, Without any ambiguity, through numerous trails.
We have all been through the rigours of pursuing CA and we know how tough it is to handle various situations which need us to push our limits beyond our capabilities. We can put forward several such examples to prove it like studying late night hours (burning the midnight oil), being dedicated to our task and putting all our efforts all throughout to clear the exams in the very next attempt
What is net profit and what is net loss, In our life, it’s a game of write off and write back. Writing off your fears and writing back your cheers, Will lead you building an automatic gear.
Close your eyes. Now, imagine you are standing on the very edge of a cliff. You are watching the sun set, beautiful orange sky, you can feel the winds touching your face and making you smile, and all of a sudden you sense some invisible force behind you. You start feeling as if it’s pushing you, trying to beat you down and make you fall down.
Take the financial statements, As essential documents of life. Dive as much as you can, So as to enjoy every point and each moment of time.What we get in legacy, Can be named as the opening Stock. What we leave behind as legacy,Can be termed as the closing stock.