Articles By Lakshit Choudhary
Accounting Standard 10 (AS 10): Property, Plant and Equipment
ByAccounting Standard 10 (AS 10) - Accounting for Fixed Assets. The objective of this Standard is to prescribe the accounting treatment for...
Ind AS 2: Inventories, Difference Between IndAS 2 and AS 2
IndAS 2 - Inventories constitute a major portion of current assets of an entity. A primary issue in accounting for inventories is the amount of cost.
Backorder: Importance, Backorder costs with Easy Example
Backorder: Placing an order for an item that is temporarily out of stock is called backordering. When you place an item on backorder we will
Marginal Costing Introduction and Calculation of P. V. Ratio
Marginal Costing Introduction, Meaning and P. V. Ratio. Be it CA IPCE or CA FINAL, or CS or CMA or professional work, Marginal Costing has occupied.
Meaning of Accounting, Scope of Accounting, Types of Accounting
Meaning of Accounting: According to AICPA, Accounting is the art of recording, classifying and summarizing in a significant manner. Scope...
Ind AS 114, Regulatory Deferral Accounts | Objectives | Scope
Ind AS 114, Regulatory Deferral Accounts: The objective of Ind AS 114 is to specify the financial reporting requirements for regulatory...
Beta: Calculation of Beta, Formula of Beta (Complete Details)
Beta Definition - Beta is a relative measure of volatility that is determined by comparing the return on a share to the return on the stock..
Revenue Expenditure, What is Revenue Expenditure with Example
Revenue Expenditure: Expenses whose benefit expires within the year of expenditure and which are incurred to maintain the earning capacity of existing asset
Bridge Finance: Features, Introduction, Examples, Methods
Bridge finance is a type of short term loan which acts provides a financial assistance to meet the short term liquidity requirements. Know...
