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...

Ultimate Guide to the COSO Framework: Meaning, Components & Implementation

access_time 2025-07-04T13:14:29.896Z face CA Tushar Makkar
Ultimate Guide to the COSO Framework: Meaning, Components & Implementation! The COSO Framework, also known as the COSO Internal Control Framework, is a globally recognized system designed to help organizations establish effective internal controls, improve governance, and manage risk efficiently. Us...

What is Sarbanes-Oxley (SOX) Compliance? How to Do SOX Compliance: 2025 Complete Guide

access_time 2025-06-26T08:41:50.009Z face CA Tushar Makkar
What is Sarbanes-Oxley (SOX) Compliance? How to Do SOX Compliance: 2025 Complete Guide SOX compliance in 2025 refers to the adherence to the rules and regulations set forth in the Sarbanes-Oxley Act of 2002 (SOX). It is one of the most important pieces of legislation in corporate finance, designed t...

Tax Compliance Calendar for FY 2025-26: Complete Guide

access_time 2025-06-21T13:10:28.873Z face Vedika Beriwal
Tax Compliance Calendar for FY 2025-26: Complete Guide Adhering to tax deadlines is crucial for avoiding penalties, interest charges, and compliance issues. A well-organized Tax Compliance Calendar for FY 2025-26 ensures that businesses, professionals, and individuals can manage their financial obli...

Top 10 AI Tools Every Professional Needs in 2025: Boost Productivity and Efficiency

access_time 2025-06-14T20:11:39.026Z face Vedika Beriwal
Top 10 AI Tools Every Professional Needs in 2025: Boost Productivity and Efficiency The professional world is evolving rapidly, and by 2025, Artificial Intelligence (AI) will be more integrated into our daily workflows than ever before. From automating tedious tasks to providing data insights and en...