Fair value accounting is the measurement of assets and liabilities of a business based on the estimation of current market…
Conservatism Principle also known as the “Prudence Concept” states gains should be recorded if their occurrence is certain but losses…
Italian monk Luca Pacioli is known as “the father of accounting”. He published a textbook called “Summa de Arithmetica, Geometria,…
IFRS Accounting Standards are developed by the International Accounting Standards Board (IASB) an independent, not-for-profit organization that develops and approves…
Accounting standards in the USA are a set of accounting guidelines known as Generally Accepted Accounting Principles (GAAP). These standards…
Accounting standards in India govern how companies record and present their financial statements to regulatory authorities, investors, and all stakeholders.…
The Italian Luca Pacioli, recognized as The Father of accounting and bookkeeping was the first person to publish a work…
The days of manual bookkeeping and ledgers are long gone as emerging technologies in accounting include AI-driven automation, blockchain for…
Labour Bureau announces CPI (IW) index numbers for July, August, and September 2024. July 2024=142.70 August 2024 =142.60 September 2024=143.30 …
Labour Bureau announces CPI (IW) index numbers for July, August, and September 2024. July 2024=142.70 August 2024 =142.60 September 2024=143.30 …