Trial Balance methods: A trial balance is a schedule or list of debit and credit balances extracted from various accounts in the ledger...

Relative Valuation is an approach where an asset is valued not based on of its fundamentals but on the basis of what other people are paying

How to Calculate Net Profit for Managerial Remuneration. As per companies act the net profit we arrive at in financial statements say...

Double entry system of book-keeping has emerged in the process of evolution of various accounting techniques. Definition of Double Entry...

Corporate Frauds and Auditors Responsibility , The Companies Act, 2013, has introduced several new reporting requirements for statutory...

Petty Cash Book: Payments in cash of small amounts like traveling expenses, postage, carriage etc are petty cash expenses, petty cash expenses are recorded.

Rules of Debit and Credit: The left hand side of an account is called the debit side; while the right hand side is called the credit side.

Difference Between Accounting, Auditing and Investigation. It is an art of recording, classifying and summarizing financial information.

Basic earnings per share and Diluted earnings: An ordinary share is an equity instrument that is subordinate to all other classes of equity..