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Book Profit vs. Cash Profit: Understanding the Key Differences for Financial Stability
access_time 2025-02-25T07:54:04.557Z face CA N Raja
Book Profit vs. Cash Profit: Understanding the Key Differences for Financial Stability Vinu: Manu, I often hear about “Book Profit” and “Cash Profit” in financial discussions. Are they the same, or is there a difference? Manu: Good question, Vinu! They are quite different. Book Profit is the profit ...
Depreciation, GST Allocation, and Accounting Treatment: A Practical Guide with Vinu & Manu
access_time 2025-02-25T07:44:50.925Z face CA N Raja
Depreciation, GST Allocation, and Accounting Treatment: A Practical Guide with Vinu & Manu Vinu: Manu, I bought some laptops for my office, and I am wondering what percentage of depreciation I should use. How do I determine the useful life of these laptops? Manu: Good question, Vinu! The depreciatio...
Decoding Other Comprehensive Income (OCI): Beyond the Profit & Loss Statement
access_time 2025-02-18T04:59:58.772Z face CA N Raja
Decoding Other Comprehensive Income (OCI): Beyond the Profit & Loss Statement Vinu: Vinu: Manu, I was going through a company’s Balance Sheet, and I noticed a section called Other Comprehensive Income (OCI). What exactly is it? Manu: Good question, Vinu! Other Comprehensive Income (OCI) represents c...
Mastering Cash Flow: Why It Matters More Than Profits – A Conversation with Manu & Vinu
access_time 2025-02-17T04:22:03.43Z face CA N Raja
Mastering Cash Flow: Why It Matters More Than Profits – A Conversation with Manu & Vinu Vinu: Hi, Manu. I've been hearing a lot about Cash Flow Analysis lately, but I'm not exactly sure what it is or why it's important. Can you explain it to me? Manu: Sure, Vinu. Cash Flow Analysis is the process of...
Banks' Margin Application on Current Assets: Understanding DP Calculation & Verification of Inventory & Receivables
access_time 2025-02-13T09:13:54.883Z face CA N Raja
Banks' Margin Application on Current Assets: Understanding DP Calculation & Verification of Inventory & Receivables Vinu: Hi Manu, I have a question about how banks apply margin on the Current Assets (CA) like inventory and receivables when computing Drawing Power (DP) in Cash Credit (CC) accounts. ...
