An introduction to Cost Engineering & What is Cost Engineering
An introduction to Cost Engineering: No one who has responsibility for managing major, complex, high-tech programmes with a high development content will dispute the importance
An introduction to Cost Engineering: No one who has responsibility for managing major, complex, high-tech programmes with a high development content will dispute the importance
Ind AS 33, Earnings per Share: The objective of Ind AS 33 is to prescribe principles for the determination and presentation of earnings per share, so
Supply Chain Management – Here we are providing full guide for Supply Chain Management (SCM). Find all details for Supply Chain Management like Definition, Advantages
Ind AS 38, Intangible Assets: The objective of Ind AS 38 is to prescribe the accounting treatment for intangible assets that are not dealt with specifically in
Ind AS 1, Presentation of Financial Statements: Ind AS 1 prescribes the basis for presentation of general purpose financial statements to ensure comparability both with the
Should Accountants learn to Code?: By the heading, you may get confused with what this article is exactly about? Let me give you some background
AS 5 – Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies. This Standard should be applied by an
Accounting Standard 1: This Standard deals with the disclosure of significant accounting policies which are followed in preparing and presenting financial statements.. To ensure proper
Accounting Standard 15: Accounting for Retirement Benefits. Accounting Standards (ASs) are written policy documents issued by the Government with the support of other regulatory bodies
Journal: A journal is often referred to as Book of Prime Entry or the book of original entry. In this book transactions are recorded in their
What is Book Keeping and a comparison with Accounting. Find Everything related to Book Keeping, Here we are providing complete details for What is Book
Methods Calculation of Revenue of Real Estate Developers, Computation Of Business Income Of Real Estate Developers. Real estate sector is the fastest growing sector in the
Stages of Accounting: As per this definition, accounting is simply an art of record keeping. The process of accounting starts by first identifying the events
Accounting standard 28 Impairment of Assets: The objective of AS 28 is to prescribe the procedures that an enterprise applies to ensure that its assets
AS 20 Earning Per Share (Accounting Standard 20 – EPS) with all Illustration. Recently we provide various another accounting standards and we provide Links for other
AS 22 Accounting for Taxes on Income: The objective of this Standard is to prescribe accounting treatment of taxes on income. Taxable income may be
Journal – Meaning: Process and Types of Journal Entries. Journal is the first stage of recording business transactions. It is called as “Book of original
Factoring How does it work – Factoring is an activity in receivables management system which facilitates a company to get the cash immediately on real
Accounting Cycle: When complete sequence of accounting procedure is done which happens frequently and repeated in same directions during an accounting period, the same is
Component Accounting – Now a Reality, Schedule II to the Companies Act 2013 requires that useful life for significant components of tangible assets should be
Weighted Average Cost of Capital (WACC) is defined as the weighted average of the cost of various sources of finance, weight being the market value
Brand impairment testing and compliance with mandatory Ind AS disclosures. The shifting from IGAAP to Ind AS has resulted in change in accounting for intangible
Internal Control – Meaning, Objectives, Scope, Limitations. As per SA-315, the internal control may be defined as “The process designed, implemented and maintained by those
General Journal: This is also known as Journal Proper or General Journal. It is used for making the original record of such transactions for which no
Ind AS 41, Agriculture: The objective of Ind AS 41 is to prescribe the accounting treatment and disclosures related to agricultural activity. Agricultural activity is the
Subsidiary Books: Introduction and Advantages of Subsidiary Books. In a Business, most of the transactions generally relate to receipts and payments of cash, sale of
LedLedger Accounts – Principal Book of Accounts: All journals are posted into ledger chronologically and in a classified manner Ledger is the principal book of accounts
Goodwill Impairment Testing Disclosures under Ind AS: Transition from IGAAP to Ind-AS has resulted in change in treatment of goodwill. IGAAP prescribe amortization if it
Objectives of Accounting: Business is an economic activity undertaken with the motive of earning profits and to maximize the wealth for the owners. Business cannot
Earnings Per Share (EPS) Definition – The portion of a company’s profit allocated to each outstanding share of common stock. Earnings per share serves as