The stock statement is prepared to arrive at the actual Drawing power (amount which can be borrowed by the company from the bank) based on the actual quarter/month-end level of inventory & receivables. Banks require a stock statement on a…
Who could have thought that Payment of Credit card bills could also get you rewards, (except Kunal Shah) who made it possible? Kunal, who founded Freecharge in the year 2010, after selling the Freecharge to Snapdeal in the year 2015,…
Ratio analysis means the process of computing, determining, and presenting the relationship of related items and groups of items of the financial statement. Ratio analysis is a concept or technique which is as old as the accounting concept. Ratios are…
A dividend is a share of profit given by a company to its shareholders out of current or accumulated profits. Section 115-O of the Income Tax Act 1961, provides that, In addition to the income-tax chargeable in respect of the…
An entity shall prepare a statement of cash flows in accordance with the requirements of Indian Accounting Standard (Ind AS) 7 and shall present it as an integral part of its financial statements for each period for which financial statements…
In India every year, every company (listed/Non-listed or Indian/Foreign) is required to submit RBI due diligence report for the Previous Financial year to all the bankers with whom the company is having banking limits (Such as working capital loan, short…
All the countries in the world have adopted key economic policy measures to fight against COVID-19 & limit the impact of Coronavirus pandemic. Below are the details of key Economic measures adopted by the top 10 countries by GDP. 1.…
We are sharing some Interview Tips which will help you to get a job in the year 2020 amid COVID-19 prevailing situation. Due to this prevailing pandemic situation in the world, many companies are firing their employees or not giving…
