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Ind AS 1

May 29, 2025 by C.A. Nadeem
Ind AS 1

PRESENTATION OF FINANCIAL STATEMENT AS PER Ind AS 1: Ind AS 1 is considered as a basic standard, which is prescribed as the overall requirements for the presentation of the general …

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Interim Financial Statements

May 28, 2025 by C.A. Nadeem
Interim Financial Statements

Interim Financial Statements is applied for Reporting when an entity is preparing for an interim financial report. Ind AS 34 is not mandatory for an entity as to when to construct …

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Cash Flow Statement Financing Activities

May 28, 2025 by C.A. Nadeem
Cash Flow Statement Financing Activities

Component of Cash Flow Statement Financing Activities Cash flows which are arising from taxes on Financing should be separately disclosed. They shall be classified as cash flows from operating activities unless …

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The Statement of Cash Flows Reports

May 27, 2025 by C.A. Nadeem
The Statement of Cash Flows Reports

What is a use of Statement of Cash Flows Reports ? The balance sheet is considered as a snapshot of the entity’s financial resources and obligations at a particular time. The …

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A common set of Accounting Standards and Procedures

May 27, 2025 by C.A. Nadeem

Main A common set of Accounting Standards and Procedures The Conceptual Framework of Financial Reporting under the standards of Indian Accounting describes the objective and the concepts and general purpose of …

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