Books of Accounts include documents and books used in the preparation of financial statements. It includes journals, ledgers, cash book,s…
Section 5(b) of the Banking Regulation Act of 1949 defines “banking means the accepting, for the purpose of lending or…
A company's cash flow and fund flow statements reflect two different variables during a specific period. The funds flow statement…
In accounting there are generally four different kinds of financial statements namely the balance sheet, the income statement, the cash…
Profitability ratios help a business entity as well as the lenders/investors to evaluate the ability to generate income as compared…
The Employees’ Provident Fund Organisation (EPFO) will introduce dedicated PF withdrawal cards to PF subscribers. The PF withdrawal cards will…
The Indian Accounting Standards (Ind AS), as notified under section 133 of the Companies Act 2013, were first implemented voluntarily…
The balance sheet of an entity may be presented in a few different formats, including: Report form This is the…
A partnership firm is a business owned by two or more people who have agreed to share profits and act…
The issue of shares refers to the process by which a company raises money by selling ownership stakes in the…