Author: CA Jiby Joseph

Accountancy is a necessity for all types of business organisations. Human memory power cannot remember every transaction concerning business for an extended period of time. So accounting becomes necessary to record, analyse and summarise all business transactions. Accounting statements and...

Every business needs to follow an accounting method that follows specific predefined standards. These accounting standards help the management of a company in measuring the performance of a company. The administration has to choose from the various types of accounting...