How Balance Sheet tallies by itself?

access_time 2019-12-16T09:22:59.845Z face Anjana Anilkumar
You may have found yourself blankly staring at hundreds of pages of numbers and tables, when flipping to the back of the company's Annual Report. You know that those numbers are important to your investment decision, but you're not sure what they mean. This information is likely a company's balance ...

Need of Internal check on Purchases & Sales in Hotel Industry - All you want to know!!!

access_time 2019-12-14T06:49:07.636Z face Febin Joseph
The hotel industry is a broad category of fields within the service industry that includes lodging, food and drink service, event planning, theme parks, transportation, cruise line, traveling, airline and additional fields within the tourism industry. The hotel industry as we know it today really go...

Section 50C

access_time 2019-02-15T07:17:02.362Z face CA N Raja
let us understand about section 50c which prescribes special provision for considering full value of consideration in certain cases of transfer of capital asset. let's say you are transferring a Capital Asset and consideration is received or say accrued and the Capital Asset what you have transferre...

Difference between Cost Accounting and Management

access_time 2019-02-07T04:34:28.555Z face CA N Raja
Cost accounting will record only quantitative aspects. various Management Accounting will record both quantitative as well as qualitative aspects.Second differences with respect to objective.The objective of cost accounting is to record cost of producing a product or providing a service where is obj...

Difference between Cash Flow and Fund Flow Statements

access_time 2019-02-04T05:03:57.764Z face CA N Raja
Fund flow statement is basically prepared to know what caused changes in financial position between two accounting periods.It analyses what are the reasons for the changes. so the focus is what and why of changes whereas cash flow statement will ascertain what caused changes in cash and cash equival...