FR IFRS Uncategorized
IAS 1 – Presentation of Financial Statements
International Accounting Standard 1 – IAS 1 Objective This Standard prescribes the basis for presentation of general purpose financial statements to ensure comparability both […]
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PROCESS COSTING – PART 3
PROCESS COSTING – PART 1 PROCESS COSTING – PART 2 Cases with Opening work in PROGRESS (WIP) Till now we assume that there is no […]
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BREAK EVEN ANALYSIS
Breakeven is the point at which at profit is “ZERO”. It’s important for entity to know how much revenue to revue it has to […]
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ORGANIZATIONAL STRUCTURE
Structure of organization is arrangement of jobs within organization. It defines how jobs are grouped and coordinated in entity. Authorities and responsibilities of individuals working […]
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Current Liabilities
Current Liabilities are obligations of a company that a company is required to settle within one year or expected to settle within its normal operating […]