Practical compliance guides

Accounting and Bookkeeping · 9 min read

Perpetual vs Periodic Inventory System: Which to Use

Continuous records against a count, and what each costs you in accuracy. The rule, the threshold and what it means in practice. Browse the glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

The 4 Methods of Costing Every Business Should Know

Job, batch, process and contract costing, and which suits your production. The rule, the threshold and what it means in practice. Browse the glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

ABC Analysis in Inventory Management Explained

Classifying stock by value concentration so control effort goes where it counts. Set out with the working, not just the rule. Part of our glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 8 min read

FIFO vs LIFO vs Weighted Average: Inventory Valuation Compared

LIFO is not permitted in India - what that leaves you, and the effect on margin. Set out with the working, not just the rule. Written for preparers.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

Cash Flow Statement: Direct vs Indirect Method Explained

Both reach the same figure; only one is practical from Indian books. The rule, the threshold and what it means in practice. Before your next close.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

How to Read a Balance Sheet: A Beginner's Guide

What the numbers reveal about liquidity, gearing and working capital. The rule, the threshold and what it means in practice. With a worked example.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

Schedule III of the Companies Act: Financial Statement Format

The presentation format every Indian company must report in. What applies, what does not, and the number that decides it. Before your next close.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

The Correct Order to Prepare Financial Statements

Why the P&L must be finished before the balance sheet can close. The rule, the threshold and what it means in practice. Indian accounting glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

What Are the 4 Types of Financial Statements?

Balance sheet, P&L, cash flow and changes in equity, and what each answers. The rule, the threshold and what it means in practice. Explained simply.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Cash-Settled vs Equity-Settled Share-Based Payments

Liability remeasured each period against equity fixed at grant. The rule, the threshold and what it means in practice. From our accounting glossary.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

ESOP Perquisite Tax for Employees: How It's Calculated

When perquisite tax is triggered on exercise, and who deposits it. The rule, the threshold and what it means in practice. Straight answers, no fluff.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Fair Value vs Intrinsic Value for ESOP Under Ind AS 102

Two measurement bases, and the P&L difference between them. What applies, what does not, and the number that decides it. Updated for Indian rules.

CACA Puja Pradhan · Jul 20