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Saurabh

Whats is major difference between cash accounting and accrual accounting?

Why there is a need of accrual accounting in public limited companies for revenue recognition? At the end it's all the money paid or received. So why do we need to divide it by amount of time taken t...
Mar 06 2013 11:33 PM
rajesh.k.neithilath

What is the difference between Direct Method and Indirect Method of Cash Flow Statement?

Hello Sir, Can you please explain the difference between Direct Method and Indirect Method of Cash Flow Statement ? Which method is generally used in the industry ?...
Jun 21 2012 07:13 PM
vasudevarao.saibaba

How do you calculate total tax payable?

If a Company's revenue is Rs.50 Crores (500 million) and total expenses of Rs. 32 crores (320 million). What is the income tax payable at a 25% tax rate? All the optins for this question shows wron...
Jun 24 2012 10:54 PM
Gaurav

What is expense recognition and how is expense matched to revenue?

In the expense recognition video it was told that we divide the expense equally based on how much of the project has been completed so that we know the expense and its corresponding income. This parti...
Aug 05 2012 04:20 AM
Arvind

What is difference between cash and accrual accounting?

REvenue shall not be recognised unles: (a) the related performance has been achieved.It is one of the accounting principles for NPOs. What form of a accounting is this: Accrual or CAsh... ...
Dec 26 2012 10:45 AM
Md Shahin

What is difference between Cost Accounting and Accrual Accounting?

Cost Accounting considered Cash Realization irrespective of time of the project but in accrual accounting cash realization is spread in the duration of the project which gives better picture....
Nov 24 2013 12:57 AM