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IND AS 18 : Revenue Recognition and Disclosure Requirements
IND AS 18 is a key Indian Accounting Standard. It talks about how companies in India should record revenue in…
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AS 9 Revenue Recognition: AS 9 vs AS 7, Examples, Scope & More
AS 9 revenue recognition is a rule drawn by ICAI. The rule helps businesses figure out when to book revenue. The solution to…
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Indian Accounting Standard List : Meaning and Benefits of IND AS
India follows its own accounting rules. These rules are called the Indian Accounting Standards. They help businesses keep and show…
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Accounting Standards List: Meaning, Examples and Importance
Accounting rules are really important. They enable companies to prepare, share and understand financial reports in the same way. The list of…
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IFRS Applicability in India: Implementation, Benefits and Challenges
India has adopted the International Financial Reporting Standards (IFRS) in a customized form known as Indian Accounting Standards (Ind AS).…