Practical compliance guides

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 · 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 · 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 · 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

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 · 11 min read

What Is an MIS Report? Formats and Examples for Business

What a management report must answer that statutory accounts never will. The rule, the threshold and what it means in practice. A practitioner guide.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 10 min read

How to Create an MIS Report in Excel (Step by Step)

Building a monthly pack that ties back to the ledger, not a parallel truth. The rule, the threshold and what it means in practice. Explained by a CA.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Monthly MIS Report Format for Management (Free Template)

A format your board can read in five minutes, month after month. The rule, the threshold and what it means in practice. With the numbers set out.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Key Financial KPIs Every MIS Dashboard Should Track

The handful of measures worth tracking, and the vanity ones to drop. The rule, the threshold and what it means in practice. With worked examples.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

MIS Report vs Financial Statements: What's the Difference?

One is for decisions, the other for compliance - and they must reconcile. The rule, the threshold and what it means in practice. Read the full guide.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

How to Write an SOP for Your Accounting Department

Writing from the process as it actually runs, then testing it against reality. Set out with the working, not just the rule. Current Indian practice.

CACA Puja Pradhan · Jul 20

Accounting and Bookkeeping · 9 min read

Accounts Payable SOP: A Template and Checklist

A payables SOP with the approval matrix and control points set out. The rule, the threshold and what it means in practice. Current Indian practice.

CACA Puja Pradhan · Jul 20