Which are different types of entities?
Which are different types of entities?

Starting new business can be exiting and at times scary. It is time to take big decisions that may have resonating impact on success of your organization and even the course of your life. Arming yourself with the information you get will help to ensure you make the correct decisions that will set your business up for success. Luckily for…

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Depreciation of Assets
Depreciation of Assets

Do you love that new car smell? Who doesn’t? You reach all  exited to your  car dealer, have some “Pooja”, take your car keys and drive it off the parking lot of the dealership with a big whiff of that lovely new car aroma! Bang! No, you didn’t meet with an accident but value of your car just fell by…

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FIFO vs LIFO inventory systems
FIFO vs LIFO inventory systems

A big part of accounting revolves around the wonderful world of tax compliances and regulatory bodies that work in conjunction with the accounting aspect of tabulating business performance and tracking the flow of money throughout the company. Stock valuation or stock accounting deals with valuation of company’s inventory, which can vary due to not only not only how many products…

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