Accounting

  • Accounting

Maintaining a General Ledger

A general ledger performs as a short summary of financial information about the company. The main motive of a general…

3 years ago
  • Accounting

लेखा मानकों की अवधारणा

लेखा मानक वित्तीय रिपोर्टिंग और इसकी स्थिति के जोखिम की प्रत्यक्षता को परिष्कृत, बढ़ावा और बढ़ाते हैं। मीनिंग ऑफ अकाउंटिंग…

3 years ago
  • Accounting

Section 194C- TDS (Tax Deducted at Source) on Payment to Contractors

Section 194C basically deals with TDS on Payment to Contractor and Sub-Contractor.  Section 194C states that any individual responsible for…

3 years ago
  • Accounting

Depreciation Rate For Plant, Furniture, and Machinery

Depreciation rate is mentioned in the Income Tax Act for investments made in furniture, plant, and machinery by an assesses…

3 years ago
  • Accounting

Section 44AB of the Income Tax Act: Objectives, Applicability & Criteria

Section 44AB of the Income Tax Act imbibes in itself provisions regarding the tax audit under the Income Tax Audit.…

3 years ago
  • Accounting

Appointment of Auditor – As per the Companies Act

An auditor is a professional who gets employed by a company to examine and review the financial records. As per…

5 years ago
  • Accounting

Audit Report Format: Types, Responsibilities of Auditors

Introduction An audit report is a document prepared by the Auditor of the Company who must be a practicing Chartered Accountancy.…

5 years ago
  • Accounting

Inventory Management Software: A Guide for Buyers

What is Inventory Management Software? Inventory management software enables easier tracking of inventory levels, sales processes, orders, and deliveries, etc.…

5 years ago
  • Accounting

Form 61A – to Furnish the Statement of Specified Financial Transactions (STF)

The Government of India has been striving to eradicate black money. One of the steps has been to obligate the authorities, government…

5 years ago
  • Accounting

CARO 2016: Requirements of “Companies Auditor Report Order”

Section 143 of the Companies Act 2013 requires reporting on CARO. It states that certain class or description of companies…

5 years ago