DEPRECIATION

Accounting for Cryptocurrency

Accounting for Cryptocurrency - The popularity of cryptocurrencies has soared in recent years, yet they do not fit easily within IFRS’ financial reporting structure....
DEPRECIATION

Certified Public Accountant

A Certified Public Accountant - (CPA) is the highest standard of competence in the field of Accountancy across the globe. Similarly, the exam is...
Process Of Auditing

Unearned Incomes

Unearned income- is income from investments and other sources which is unrelated to employment. Examples of unearned income include interest from savings accounts, bond interest,...
DEPRECIATION

Passive Income

Passive income is generally defined as a stream of income earned with little effort, and it is referred to as progressive passive income when...
Process Of Auditing

Statement of profit and loss

Statement of profit and loss - The financial statements are the end products of the accounting process. They are prepared following the consistent accounting...
Tax Reforms

Tax Reforms

Tax reform -  is the process of changing the way taxes are collected or managed by the government and is usually undertaken to improve...
The Holding Company

Golden Rules Of Accounting

Golden Rules Of Accounting. To understand the Golden Rules of Accounting we must first understand the types of accounts. There are three types of accounts: ...
The Holding Company

GAAP

  What are 'Generally Accepted Accounting Principles - GAAP' Generally accepted accounting principles (GAAP) refer to a common set of accepted accounting principles, standards, and procedures...
DEPRECIATION

International Financial Reporting Standards(IFRS)

What are International Financial Reporting Standards - IFRS? International Financial Reporting Standards (IFRS) are a set of international accounting standards stating how particular types of...