Accounting Topics

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Accounting Word of the Day

The Accounting Word of the Day is Assembly of Financial Statements. Assembly of Financial Statements in context to Accounting means:

The providing of various accounting or data-processing services by an accountant, the output of which is in the form of finan ... Read More

Accounting News

Nod for new accounting system (The Hindu)
NEW DELHI: The Union Government has accepted, in-principle, to move gradually from cash to accrual basis of accounting wherein revenues and expenditure are entered in the books even before actual realisations. Disclosing this at a conference ... Read More

India Plans To Adopt Accrual Based Accounting System - Government (Nasdaq)
NEW DELHI -(Dow Jones)- India's federal government plans to adopt an accrual based-accounting process in line with the changing information needs of decision makers, a government statement said Thursday. Read More

Hopeful: Accounting background key factor (Plymouth Observer)
Mary Ann Prchlik knows the Plymouth Township clerk's job is roughly divided into two parts: accounting and elections. Read More

Govt to shift to accrual system of accounting (Business Standard India)
The government has accepted in-principle to gradually move from cash based to accrual basis of accounting, under which revenues and expenditure are shown in the books even when they are realised later, Controller General of Accounts said today. Read More

Govt to gradually shift to accrual system of accounting: CGA (The Economic Times)
The govt has accepted in-principle to gradually move from cash based to accrual basis of accounting. Read More

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