Social Responsibility Accounting, Need, Issues, Journal entry

Social Responsibility Accounting, Need, Issues, Journal entry

Accounting entries, Under Subscription, Over Subscription

Accounting entries An accounting journal entry is a formal recording of transaction where debit and credit of transaction recorded into the general ledger. This is …

Calls in Advance, Calls in Arrears

Key differences between Calls in Advance and Calls in Arrears

Concept of Responsibilities Accounting: Types of Responsibilities Centers

Responsibility accounting involves accumulating and reporting costs on the basis of individual manager who has authority to make day-to-day decisions. Under responsibility accounting the evaluation of …

Accounting Standard 3 (AS3: Revised)

AS3 revised in 1997 has recommended revised Cash Flow Statement [CFS] for listed companies and other industrial, commercial, and business undertakings in the private and …

Advantages and Limitations of Management Accounting

Advantages of Management Accounting: It measures the actual performance in comparison with the budgets. It helps the management in such a way that the latter …

Preparation of Profit and Loss Account and Balance Sheet of Company as per the Requirement of Schedule VI of the companies act

Preparation of Profit and Loss Account and Balance Sheet of Company as per the Requirement of Schedule VI of the companies act

Valuation of Goodwill

Methods of Valuation of Goodwill

Buy-back of Share

Buy-back of shares is a method of financial engineering. It can be described as a procedure which enables a company to go back to the …

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