The GST Council has announced revisions in GST tax slab, which shall come into effect wef 22nd September 2025. Before revision : Prese...
Showing posts with label ARTICLES. Show all posts
Showing posts with label ARTICLES. Show all posts
Sales cut off procedures
What do you mean by Sales cut off: Sales cut-off means recording sales in the correct accounting period by including only those trans...
Perpetual inventory verification
Perpetual inventory verification refers to the process of ensuring the accuracy of real-time inventory records maintained by a perpetual...
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...