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Accounting Standards Meaning and Scope, Importance

Accounting Standards Meaning and Scope, Importance Accounting Standards Meaning and Scope, Importance: In order to ensure transparency consistency, comparability, adequacy and reliability of financial reporting,...

AS9 Revenue Recognition

AS9: Revenue Recognition Proceeds from the selling of items are among the sources of revenue. Expenses incurred as a result of providing services Interest,...

AS6 Depreciation Accounting

AS6: Depreciation Accounting AS6 Depreciation Accounting: Depreciation is a measurement of a depreciable asset's wearing out, consumption, or other loss of value due to usage,...

AS1 Disclosure of Accounting Policies

AS1 Disclosure of Accounting Policies AS1 Disclosure of Accounting Policies: The disclosure of accounting policies is referred to as AS 1. It stipulates that an...

Objectives of accounting

Objectives of accounting Accounting's goal is to keep complete and methodical records of all corporate activities. Objectives of accounting: The language of commercial transactions is...

Branches of Accounting

Branches of Accounting Accounting for money Branches of Accounting: Financial accounting is a systematic way of documenting company transactions in accordance with accounting principles. It...

Persons interested in Accounting

  Persons interested in Accounting: Accounting information is used by internal users. Internal users are the people that run, manage, and operate the day-to-day operations...

Book-Keeping and Accounting

Book-Keeping and Accounting: Bookkeeping is the process of documenting financial transactions and is a component of the accounting process in company. Purchases, sales, receipts,...

Need and Development of Accounting

  Need and Development of Accounting: Practically speaking, in order to eliminate discrepancies between accounting principles and accounting practice, as well as to discover consistency...

BMS Notes

Bachelor of Management StudiesĀ (BMS) 1st SEMESTER SUBJECTS   Introduction to Financial Accounts (Updated)VIEWBusiness Law (Updated)VIEWBusiness Statistics (Not Updated)VIEWBusiness Communication I (Updated)VIEWFoundation of Human Skills (Updated)VIEWBusiness Economics I (Updated)VIEW 2nd SEMESTER SUBJECTS Principles of Marketing (Updated)VIEWIndustrial Law (Updated)VIEWBusiness Mathematics (No Update)VIEWBusiness...

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