Articles By Lakshit Choudhary
Concept Determining Working Capital Requirement (All Details)
ByOperating Cycle Concept: Concept Determining Working Capital Requirement, In today’s world, Operating cycle of Working capital is something..
Ind AS 40, Investment Property, Recognition and Measurement Cost
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 AS 19 and IndAS 116
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 in Detailed
Double Entry System Advantages and Disadvantages. Check out Advantages of Double entry system and Disadvantages of Double entry system. read
Definition of Accounting, What is Accounting, Accounting Meaning
Definition of Accounting: Accounting is used by business entities for keeping records of their monetary or financial transactions, Meaning...
Ind AS 37, Provisions, Contingent Liabilities and Contingent Assets
Ind AS 37, Provisions, Contingent Liabilities and Contingent Assets : The objective of Ind AS 37 is to ensure that appropriate recognition criteria.
Accounting Estimates: Meaning and Example of Accounting Estimates
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, Disadvantages of Accounting (Detailed)
Limitations of Accounting, What are the Limitations of Accounting: Disadvantages of Accounting: Accounting is influenced by the personal...
Accrued Liabilities: Meaning, Definition with Examples
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..
