" Profit is the gross flux of cash, receivables, or other consideration arising in the course of an enterprise's ordinary…
Cost accounting is a type of cost managerial accounting that aims to capture a company's whole cost of production…
This AS 18 defines disclosure criteria for: Related party relationships; and Transactions between a reporting entity and its related parties.…
AS 13 Accounting for Investments is a widely used standard that governs the accounting for investments in a company's financial…
AS 7 Construction Contract defines and specifies the accounting treatment of revenue and expenditures associated with a construction contract. Construction…
AS-19 deals with the accounting policies applicable for all types of leases except certain listed below. A lease is an…
AS 10 Property, Plant, and Equipment prescribes the accounting treatment for properties, P&E (Plant and Equipment) so that financial statement…
Incorporate governance, the quality of accounting and auditing is critical. The Central Government established the 'National Advisory Committee on Accounting…
AS 15 Employee Benefits covers all types of employee benefits, as well as all forms of compensation supplied by an…
An auditor is a qualified individual who examines and confirms the accuracy of financial documents and ensures that businesses adhere…