The Income-tax Act, 1961, though essentially a fiscal legislation, draws deeply from accounting principles and practices. Many of its provisions either adopt, deviate from, or override fundamental ...

Money rules the world. From Fortune 500 companies to the dollar bills in your wallet, money is what makes the world go round. Although many people lack a basic understanding of money. That’s why we ...

Knowing where your company spends money gives you better control over its future. Cost center accounting identifies how areas of the company that don't generate profit but are needed to support those ...

Bruns, William J., Jr. "Accounting Framework, Financial Statements, and Some Accounting Concepts, The." Harvard Business School Background Note 193-028, August 1992 ...

We’ll send you a myFT Daily Digest email rounding up the latest Letter news every morning. Sir, Gillian Tett writes thought-provoking columns, blending her background in anthropology with business ...