Before we look deep into this concept, let’s have a look into what exactly is historical cost and how it has disadvantages in accounting. H...

Below are the basic things to consider in computing income tax. Basic Salary of employee Employee Status How many dependent does em...

REA refers Resource, events and Agents. It is a model by which you can improve as well as re-engineer the accounting system. It was ori...

There are few wishes that a girl wants to be fulfilled by her boyfriend. They always wanted to get the attention from their men because...

IFRS or GAAP -  This is one among the most heated topics in the world of accounting. Along the passing years, IFRS has gained a lot of pop...