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 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 …
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 …
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 …
To know First time complete details of Adoption of Ind AS 101 Ind AS 101 usually prescribes the accounting principles for the first-time the adoption of Ind AS. It have been …