Understanding Sundry Creditors: Financial Statement Treatment & Impact on Liquidity

access_time 2025-02-10T07:06:47.46Z face CA N Raja
Understanding Sundry Creditors: Financial Statement Treatment & Impact on Liquidity Vinu: Hey Manu, I've been trying to understand how sundry creditors are treated in financial statements. Can you explain it to me, especially in the context of Indian laws? Also, how do sundry creditors impact the cu...

Managing Sundry Creditors: Risks, Remedies, and Best Practices

access_time 2025-02-10T07:01:43.426Z face CA N Raja
Managing Sundry Creditors: Risks, Remedies, and Best Practices Vinu: Hey Manu, I've noticed that our company's sundry creditors have been increasing lately. I'm concerned about the consequences of this and what remedial measures we should take. Can you shed some light on this? Manu: Sure, Vinu. An i...

Profit vs. Cash: Why Your Business Success Isn't Just About Profitability

access_time 2025-02-08T07:38:26.936Z face CA N Raja
Profit vs. Cash: Why Your Business Success Isn't Just About Profitability Vinu: Hi Manu! I've been diving deep into my business finances lately, and I have a question that's been bugging me. Why is profit not equal to cash? I mean, aren't they both indicators of financial success? Manu: Hey Vinu! I'...

Why Acceptable Financial Ratios Vary Across Industries: Manufacturing vs. Services & Trading

access_time 2025-02-05T08:16:47.476Z face CA N Raja
Why Acceptable Financial Ratios Vary Across Industries: Manufacturing vs. Services & Trading Vinu: Hey Manu, I've been wondering why there's a difference in the acceptable level of ratios for different types of businesses. I've noticed that sometimes higher ratios are insisted for manufacturing enti...

RERA Accounts: Ensuring Transparency and Accountability in Real Estate

access_time 2025-02-05T07:56:12.961Z face CA N Raja
RERA Accounts: Ensuring Transparency and Accountability in Real Estate Vinu: Manu, I’ve been hearing a lot about RERA accounts lately. Can you explain what exactly a RERA account is and how it works? Manu: Sure, Vinu. RERA stands for the Real Estate (Regulation and Development) Act, which was introd...