Top 10 Limitations of Financial Statement
limitation of financial statement – 1. Historical Costs 2. Inflation Adjustments 3. Personal Judgments 4. Specific Time Period Reporting….
Month: September 2021
Preparation of Financial Statement: Trading Account | Profit and Loss Account | Balance Sheet
In this Article, Detail Discuss about objective of preparing of financial statement and uses of financial statement and about trading account and credit and debit side of trading account and profit and loss account also balance sheet
5 Most Important Skills for a Job
If you have these Top 5 skills so you can be a future corporate star. These skills are essential for Improvement in Overall employee. These skills can be change your life style.
Meaning | Nature | 6 Objectives of Financial Statements
Here we discuss about the financial statement meaning ad that is The financial statements provide a summary of the accounts of a business enterprise, the balance sheet reflecting the assets, liabilities and capital as on a certain date
IFRS: Major 5 Features | Objectives | Importance
Here we Discuss about the International Financial Reporting Standards (IFRS) Features and Objective of the IFRS and Needs of the IFRS and Advantage of the IFRS
Top 10 Qualitative Characteristics of Accounting Information [Updated]
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In this Article, We Discuss About Top 10 Characteristics of accounting information
Objective | Function | Procedure for Issuing Accounting Standards
In this Article, Detail Discuss about Accounting Standards Issuing procedures in India and all 5 steps are discussed. Objective and Functions of Accounting Standards in India
Accounting Standards: Meaning | Objectives | 3 Benefits
Accounting Standards plays an important role in maintaining the accounts. For better understanding the concept, you have to know more about its objectives and its benefits. You have to follow the article to get better knowledge. Meaning of Accounting Standards Accounting Standards comprise accounting guidelines and rules required to be followed while preparing financial statements….
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Accounting Principles: Top 9 Accounting Concepts & Conventions
Here we detail discuss about the accounting concepts and accounting conventions. In which we discuss 9 points of accounting concepts and 4 points of accounting conventions.
Nature of Accounting Principles
Accounting rests on a small set of fundamental assumptions and principles. These fundamentals are referred to as the ‘Generally Accepted Accounting Principles (GAAP). Understanding the principles gives context and makes accounting practices easier to implement. The underlying objective of ‘Accounting Statements’ is the true, fair, and authentic reflection of the business operations and its results….