Basis of accounting The financial statements are presented under the historical cost accounting convention as modified by the revaluation of certain plant and machinery and furniture and fittings. BBC ...

ITAT Ahmedabad deleted disallowance of sales promotion expenditure since disallowance constitutes small percentage as compared to turnover of the assessee and also there is no allegation of ...

Accounting software helps you track money moving in and out of your small business, so that you can maintain a detailed financial record for tax time. Many, or all, of the products featured on ...

Barry Melancon, the longest-serving head of the AICPA, talks about how he got there, his accomplishments, and what's next for ...

Efficient financial management is crucial for business and personal success. As technology continues to evolve, artificial intelligence has emerged in the accounting industry, offering innovative ...

In the kingdom of Accounting, there was a wise sage known as IND AS 37 ... He taught everyone 3 important lessons—Provisions, Contingent Liabilities, and Contingent Assets. Ramesh sought the guidance ...

shapecharge / Getty Images Accounting is a wide-ranging profession. Whether you prefer to sit in a cubicle poring over financial statements and input complex formulas into spreadsheets ...

After a much-needed break from the restaurant industry, chef Eli Dunn has marked his return with Folklore Provisions, a quaint café offering innovative dining experiences BRISTOL, R.I. — After ...

So, what are some accounting tasks that agentic AI could ... Tax treaties, however, often contain vague language or outdated provisions that may not align with modern business.

The IFRS Interpretations Committee (Committee) discussed the following matter and tentatively decided not to add a standard-setting project to the work plan. The Committee will reconsider this ...

In accordance with section 80 of the Companies Act 1993, Auckland International Airport Limited (Auckland Airport) is required to make the following disclosure in respect of financial assistance ...