Duties of an Auditor

By |2021-11-11T06:42:03+00:00October 23rd, 2021|Categories: Accounting|Tags: , , , , , , , , , |

An auditor is a qualified individual who examines and confirms the accuracy of financial documents and ensures that businesses adhere to tax regulations. Their main goal is to safeguard organizations from fraud and to draw attention to any inconsistencies in accounting systems, among other things. In general, being an auditor is not a stroll in the [...]

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Ind AS 115 : Revenue From Contracts With Customers

By |2021-10-09T05:50:46+00:00September 21st, 2021|Categories: Business|Tags: , , , , , , , , |

Recognition of revenue is the most essential accounting policy which can directly impact the company’s financial performance. Ind AS 115 lays down rules and new requirements for recognition of revenue which can be new or can be different from the already existing revenue recognition standards provided Ind AS 115 Revenue from contracts with customers deals with [...]

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