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Written Down Value Method of Depreciation
Depreciation represents the systematic reduction in the value of an asset over its useful life due to wear and tear, usage, or obsolescence. It helps in present
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Common Mistakes Students Make While Calculating Depreciation
Depreciation is one of the foundational concepts in accounting that helps allocate the cost of a tangible asset over its useful life. Despite being a routine to
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Depreciation, Amortisation, and Depletion: What’s the Difference?
Every business owns assets — machines, vehicles, buildings, patents, and natural resources — that help it generate revenue. But these assets don’t last forever.
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What Is a Fractional CFO and Why Every Growing Business Needs One
In business world, financial expertise is no longer a luxury — it is a necessity. Yet, hiring a full-time Chief Financial Officer (CFO) is beyond the budget of
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5 Key Aspects of Technical Analysis of Shares
Technical analysis is one of the most widely used approaches for evaluating and predicting stock price movements. Unlike fundamental analysis, which focuses on
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What is an Initial Public Offer (IPO)?
An Initial Public Offer is the process by which a private company sells its shares to the public for the first time and become a publicly traded company. The pr
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Only 2 GST Rates Now – Relief for Consumers and Businesses
In a major move, the Goods and Services Tax (GST) Council has approved a plan to reduce the number of GST rates to just two: 5% and 18%. This change, which is e
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Financial Accounting Concepts
What is the Matching Concept in Accounting
Accounting as a profession is based on a structure of principles and concepts that introduce consistency and dependability into financial statements. Amongst th
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Forensic Accounting
Why Forensic Audit Was Initiated at IndusInd Bank?
Concerns raised over specific derivative transactions have placed IndusInd Bank, the leading private sector lender in India, under regulatory scrutiny. It is cl
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Financial Accounting Concepts
Operating Profit vs. Gross Profit vs. Net Profit
While reviewing an income statement, you probably noticed the terms gross profit, operating profit, and net profit. But do you understand what differentiates on