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AS 9 Revenue Recognition

" Profit is the gross flux of cash, receivables, or other consideration arising in the course of an enterprise's ordinary conditioning from the tra...
January 18, 2022 | Parmeet Chhabra
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Types of Cost Accounting

  Cost accounting is a type of cost managerial accounting that aims to capture a company's whole cost of production by monitoring both vari...
January 03, 2022 | Parmeet Chhabra
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AS 18 – Related Party Disclosures

This AS 18 defines disclosure criteria for: Related party relationships; and Transactions between a reporting entity and its related partie...
December 12, 2021 | Parmeet Chhabra
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AS 13 Accounting for Investments

AS 13 Accounting for Investments is a widely used standard that governs the accounting for investments in a company's financial statements and spec...
December 03, 2021 | Parmeet Chhabra
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AS 7 – Construction Contracts

AS 7 Construction Contract defines and specifies the accounting treatment of revenue and expenditures associated with a construction contract. Cons...
November 11, 2021 | Parmeet Chhabra
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AS 19 – Leases

AS-19 deals with the accounting policies applicable for all types of leases except certain listed below. A lease is an arrangement between the less...
November 08, 2021 | Parmeet Chhabra

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