In our life we must learn few Important Things which will not be taught in School, so we have to put an effort and learn more by reading habit.
Tag: knowledgesharing
How your Automobile or Vehicle Insurance Works?
Cars or any other Vehicle, but especially cars, are very expensive these days. For many people, buying a car takes years of hard work and a lot of savings. Therefore, it becomes crucial to ensure the safety of the vehicle through insurance Auto insurance is the best way to protect your car and the large […]
Switch Bill of Lading and their types – Supply Chain Management
A complete manual and word of advice as per below details to understand switch bill of lading and their types: What it means? A switch Bill of Lading refers to a second set of Bill of Lading issued by the carrier (or its agent) to substitute the original bills of lading issued at the time of shipment.Even […]
IFRS Standard & Interpretation Updates
Financial statement considerations in adopting new and revised pronouncements Where new and revised pronouncements are applied for the first time, there can be consequential impacts on annual financial statements, including: Whilst disclosures associated with changes in accounting policies resulting from the initial application of new and revised pronouncements are less in interim financial reports under IAS […]
What is Accounting & how it is classified?
Accounting is the systematic process of recording, summarizing, analyzing, and reporting financial transactions of a business or individual. It serves as the backbone of any financial system, providing a clear picture of an organization’s financial health and guiding decision-making. Through accounting, businesses can track income and expenses, ensure statutory compliance, and provide investors, management, and […]