Perpetual inventory verification refers to the process of ensuring the accuracy of real-time inventory records maintained by a perpetual...
Showing posts with label ARTICLES. Show all posts
Showing posts with label ARTICLES. Show all posts
Inventory Valuation series-Part 1
What Is Inventory Valuation? Inventory valuation is the process of assigning a monetary value to the inventory items that the company h...
Role of depreciation in financial statements
In this article, we shall discuss about depreciation and its impact on financial statements. Definition of concepts of relevant to Dep...
The March End!
The year-end closing is dramatically addressed by folks in Finance dept as “March end has come” like the famous phrase “winter has come”....
What all to evaluate while looking for Cost reduction opportunity?
Approaches towards Cost Reduction: it's important to take a balanced approach that does not just push for immediate cost cuts...
Ratios to look in a PSUs FS
The Article is about Key Ratios to look out for while you are reading through financial statements of Public Sector Undertakings. PSUs ...
Working Capital defined
What Is Working Capital? It reflects a company’s ability to meet its short-term obligations relating to day-to day operations of the com...
The Saga of Operating, Non-operating and Exceptional items
In this section, i have explained about expense and income in the context of their presentation in Profit and Loss a/c Note: presentat...
The Golden Rule
Fundamental types of accounts: Accounts are classified into Real, Personal and nominal based on who and what is affected. If it’s a p...
A peek into Hospital Industry Costing
Health care industry Health care service is gradually emerging as one of the largest service sectors in India. It plays a vital role in...
Part 2- Taxation of Digital Advertising Revenue of Non Residents
Taxation of revenue from digital advertising: The concept of taxing revenue from digital advertising, began in 2016 when t...
Part 1- Digital Advertising Revenue
What is digital advertising? Digital advertising is a form of marketing that uses online platforms and digital technologies to pr...