Operating Cycle Concept: Concept Determining Working Capital Requirement, In today’s world, the Operating cycle of Working capital is something that has acquired a huge importance

Ind AS 40, Investment Property: The objective of Ind AS 40 is to prescribe the accounting treatment for investment property and related disclosure requirements. Investment

Ind AS 116 sets out the principles for the recognition, measurement, presentation, and disclosure of leases and faithful representation of the transactions by lessees and

Double Entry System Advantages and Disadvantages: Any business transaction involves at least two accounts which we call Debit and credit. As said above, the double