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How to Recognize Revenue as per ASC 606: Complete Guide with Examples

access_time 2025-07-21T05:05:27.805Z face Vedika Beriwal
How to Recognize Revenue as per ASC 606: Complete Guide with Examples Revenue recognition is one of the most critical areas of accounting. With the introduction of ASC 606, the Financial Accounting Standards Board (FASB) has revised the way companies recognize revenue from customer contracts. Whethe...
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Revised Format for Financial Statements by ICAI: Applicability, Formats, and Compliance Guide for FY 2024–25

access_time 2025-05-26T10:40:59.393Z face Vedika Beriwal
Revised Format for Financial Statements by ICAI: Applicability, Formats, and Compliance Guide Financial reporting in India is witnessing a progressive shift toward standardization, transparency, and global alignment. One of the key drivers of this change is the Institute of Chartered Accountants of ...
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How to Gain Practical Experience in IND AS Financial Statements

access_time 1740664200000 face CA Tushar Makkar
How to Gain Practical Experience in IND AS Financial Statements Mastering IND AS financial statements is essential for both professionals and aspiring candidates to make career in finance and accounts. Understanding key adjustments in IND AS, such as those from IND AS 16 (Leases) and IND AS 115 (Rev...
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Top 5 Accounting Software in India: Features, Benefits & Best Use Cases

access_time 2025-02-07T18:53:10.115Z face Vedika Beriwal
Top 5 Accounting Software in India: Features, Benefits & Best Use Cases Accounting software plays a crucial role in managing business finances, ensuring compliance, and simplifying tax calculations. In India, where businesses must comply with GST regulations, using reliable accounting software is es...
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Union Budget 2025- Major Announcements and Key highlights

access_time 2025-02-01T06:54:00.264Z face Vedika Beriwal
Union Budget 2025- Major Announcements and Key highlights! The Finance Minister, Nirmala Sitharaman, has announced the national budget for 2025-26, concentrating on boosting the economy, developing infrastructure, and reforming financial systems. This budget is designed to enhance India's strength i...
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