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30th July 2021
By
indiafreenotes
Financial Planning is the process of estimating the capital required and determining their competition. It is the process of framing…
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28th July 2021
By
indiafreenotes
Conventional or historical cost accounting assumes that money has stable value. But in reality, value of money varies from time…
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28th July 2021
By
indiafreenotes
The British Government appointed Sandilands Committee with a chairman named Mr Francis C.P. Sandilands to recommend and consider the price…
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28th July 2021
By
indiafreenotes
Institute of Chartered Accountants in England and Wales recommended that changes in the price level should be reflected in the…
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28th July 2021
By
indiafreenotes
Current Value Accounting In this method of price level accounting, all the liabilities and assets are represented in the balance…
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28th July 2021
By
indiafreenotes
Under Current Purchasing Power Method, the profit can be determined in two ways: (i) Net Change Method: This method is…
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28th July 2021
By
indiafreenotes
Indian companies act 1956, does not provide any scope for showing any information about human resources in financial statement. Due…
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28th July 2021
By
indiafreenotes
Calculation of Reasonable Return Control Reserve fall short of reasonable return, the appropriations to this reserve can be reduced by…
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28th July 2021
By
indiafreenotes
Revenue Account This account is similar to the Profit and Loss Account of a trading or manufacturing concern. It is…
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28th July 2021
By
indiafreenotes
Capital Profit The amount of profit earned by the business from the sale of its assets, shares, and debentures is…
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