Category: Accounting and Taxation

What is Financial Accounting? Financial accounting epitomizes the epitome of accounting methodologies, enshrining precise archival techniques, the harmonization of financial statements, and the widespread dispersion

In today’s fast-paced business world, knowing about management accounting is crucial. In this blog we’ll walk you through the essential concepts, show you where it’s

In the world of money and numbers, there’s something super important called “accounting standards.” Think of them like the rules everyone follows when talking about

What is Tax Accounting? Tax accounting constitutes a framework of accounting methodologies that prioritize tax considerations over the presentation of public financial statements. In essence,

What are Indian Accounting Standards? Indian accounting standards are essentially guidelines that prescribe the principles to be adhered to in the accounting system. They represent

What is Presumptive Taxation? Presumptive taxation is a simplified method of calculating taxes for small businesses or individuals. Instead of detailed accounting, it assumes a

What is Accrual Accounting? Accrual Accounting is a financial accounting approach that enables companies to record revenue before receiving payment for goods and services sold,

What is Taxation? I am sure you must have often heard the term “tax” but have you ever wondered what is taxation? Where is this