Articles By CAknowledge

Ind AS 40

Ind AS 40, Investment Property, Recognition and Measurement Cost

ByByCAknowledgeAug 16, 2024
Ind AS 40, Investment Property: The objective of Ind AS 40 is to prescribe the accounting treatment for investment property and related.
Ind AS 116, Leases Difference Between

Ind AS 116, Leases: Difference Between AS 19 and IndAS 116

ByByCAknowledgeAug 16, 2024
Ind AS 116 sets out the principles for the recognition, measurement, presentation and disclosure of leases and faithful representation of the transactions.
Double Entry System Advantages and Disadvantages

Double Entry System Advantages and Disadvantages in Detailed

ByByCAknowledgeAug 16, 2024
Double Entry System Advantages and Disadvantages. Check out Advantages of Double entry system and Disadvantages of Double entry system. read
Definition of Accounting

Definition of Accounting, What is Accounting, Accounting Meaning

ByByCAknowledgeAug 16, 2024
Definition of Accounting: Accounting is used by business entities for keeping records of their monetary or financial transactions, Meaning...
Ind AS 37, Provisions

Ind AS 37, Provisions, Contingent Liabilities and Contingent Assets

ByByCAknowledgeAug 16, 2024
Ind AS 37, Provisions, Contingent Liabilities and Contingent Assets : The objective of Ind AS 37 is to ensure that appropriate recognition criteria.
Accounting Estimates

Accounting Estimates: Meaning and Example of Accounting Estimates

ByByCAknowledgeAug 15, 2024
An accounting estimate is an approximation of the amount of a business transaction for which there is no precise means of measurement. know..
Limitations of Accounting

Limitations of Accounting, Disadvantages of Accounting (Detailed)

ByByCAknowledgeAug 15, 2024
Limitations of Accounting, What are the Limitations of Accounting: Disadvantages of Accounting: Accounting is influenced by the personal...
Accrued Liabilities

Accrued Liabilities: Meaning, Definition with Examples

ByByCAknowledgeAug 15, 2024
An accrued liability is a current liability and it arises as a result work performed and acknowledged by CSC but for which invoices are not..
Ind AS 16 - Property, Plant, and Equipment

Ind AS 16: Property, Plant, and Equipment | IndAS 16 Vs AS 10

ByByCAknowledgeAug 15, 2024
Ind AS 16, Property, Plant, and Equipment: The objective of Ind AS 16 is to prescribe the accounting treatment for property, plant, and...