Indian Accounting
Indian Accounting. A blog about account,as,depreciation,as 6,cost accounting, financial accounting,indAS,revenue recognition,IAS and AS-9,as 19,as 29...
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A blog about account,as,depreciation,as 6,cost accounting, financial accounting,indAS,revenue recognition,IAS and AS-9,as 19,as 29 & Accounting.
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4 years
AS-3 Cash Flow Statement (As issued by ICAI)
Objective
Information about the cash flows of an enterprise is useful in providing users of financial statements with a basis to assess the ability of the enterprise to generate cash and cash equivalents and the needs of the enterprise to utilise those cash flows... -
6 years
Finacial Statement - Concept,Features and Objectives
Concept Of Financial Statement
Past events and performances serve as background for making projections if they are to be realistic.The financial statement provides important information concerning past financial transactions and their effects om the profitability and the financial... -
6 years
Basic Concept of Financial Statement
Classification Of Accounting
Accounting may be classified into the following types.
1. Financial Accounting: -
6 years
Ind AS 36 Impairment Of Assets
An asset is impaired when its carrying amount exceeds its recoverable amount. Ind AS 36 is intended to ensure that assets are carried at no more than their recoverable amount, and to define how recoverable amount is calculated.
Ind AS 36 applies to all assets except inventories; assets arising from construction contracts; deferred tax assets; assets arising from employee benefits; financial assets; certain agricultural assets carried at fair value less cost to sell; insurance...
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Created: | December 27, 2017 |
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