Ind AS 116 Leases Accounting Standards
Know All about Ind AS 116 Leases Accounting Standards The MCA (Ministry of Corporate Affairs) has notified new standards on leases, i.e., Ind AS 116 vide its notification dated 30th March …
Companies (Auditor’s Report) Order CARO 2020
The Ministry of Corporate Affairs (MCA) has actually announced a new format of legal audits of firms. The MCA has informed Companies (Auditor’s Record) Order, 2020 on 25 February 2020 (CARO …
Kinds of Assets
Kinds of Assets What are the Key Types of Assets ? A Assets is a resource had or controlled by a specific, corporation, or government with the assumption that it will …
Ind AS 16 Property, Plant and Equipment
Objective of Ind AS 16 Property, Plant and Equipment Accounting Standards The objective of this Standard is for prescribing the accounting treatment for Property, Plant, and Equipment (P, P&E) so that …
Accounting Standards IND AS 2 Inventory
Know All about Accounting Standards IND AS 2 Inventory The objective of this Standard is for prescribing the accounting treatment for inventories. This Standard guides determining the cost of inventories and …