Business & Other News

Trade receivables are a critical component of a company’s current assets. They represent the amount owed to the company by...

Statutory Compliance Chart for the Month of February 2025 Below mentioned are some important due dates under Income tax, GST,...

Inventories, a vital current asset, are crucial to the financial health of a business. They typically include raw materials, work-in-progress,...

Current Investments are classified under current assets in the balance sheet and are expected to be liquidated or utilized within...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of December 2024.

This comprehensive guide delves into auditing procedures, legal frameworks, and practical examples to help auditors address the nuances and complexities...

Long-term loans and advances are a critical item on the balance sheet that requires meticulous audit procedures to ensure proper...

Introduction Non-current investments, also known as long-term investments, are those investments that a company intends to hold for more than...

Intangible assets under development refer to projects or assets in progress that lack a physical form but are expected to...

Before proceeding against a Chartered Accountant, the investigator shall ascertain as to whether the person being proceeded against is a...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of October 2024.

Capital Work-in-Progress (CWIP) refers to assets that are under construction or development and are not yet ready for use. These...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of September 2024.

Intangible assets represent non-physical assets that have value due to the rights, privileges, and competitive advantages they provide to a...

Property, Plant, and Equipment (PPE) are tangible assets that are held for use in the production or supply of goods...