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March 27, 2019

Under machine hour rate of depreciation, the depreciation is calculated based on the number of hours machinery is used throughout its

March 27, 2019

Annuity Method of Depreciation: The amount of depreciation is determined from the annuity tables. Depreciation under Annuity Method is usually adopted for

March 25, 2019

Under Sinking Fund Method of Depreciation, the money is usually set aside in a fund called sinking fund or depreciation fund. The equivalent money is then inves

March 19, 2019

DEPRECIATION MEANING Depreciation is a charge made to the income of a company on yearly basis for use of a particular asset. It is the cost of an asset distribu

March 5, 2019

Contingent Liabilities and Provisions - A Contingent Liability becomes a provision when all the three criteria are satisfied 1) The entity has a present

January 3, 2019

Differentiate between Contingent Liabilities and Provisions. A Contingent Liability becomes provision when the following are satisfied

January 2, 2019

Two of very few things, a CA student would easily identify and define during the student days are the Contingent Assets and Contingent Liabilities. This is because, it is pretty straight forward and does not require you to squeeze your brain to get an answer. At the sa...

December 29, 2018


Capital Expenditures are major expenditures incurred for acquisition of asset. Let's say something significant. These kind of expenditures generally improves the performance of an asset to an all new level. Capital expenditure generates lasting benef...

December 28, 2018

An Online Market Place to tap selling opportunities with the Government Departments. Government e Marketplace is a one stop shop for all buying and selling need

December 27, 2018

Prime Minister Shri.Narendra Modi, very recently launched a pack of initiatives called Government's support and outreach initiative for Micro, Small and Medium Enterprises (MSMEs). This is considered to be one of the significant initiatives by Mr.Modi for the MSME...

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