Damon is the CEO of a small accounting firm. He needs a managerial accountant and a financial accountant. He has come up with a list of tasks that should be performed by the managerial accountant and financial accountant. From the list of tasks given below, you have to identify what tasks a ... Know More

“The economic exposure and political nature of consequences always lie in the formation of accounting standard setting.” Shed some light on the statement and support it with respect to the IFRS. Also, explain the significance of the statement in the broader aspect. ... Know More

Mr.X decides to expand his business to several new locations. He has a trust worthy accountant, but wants everything on digital platform too. With the employment increasing from 500 to almost 2500 he wants an accounting information system that can keep a track of the salary, leaves, loan and other ... Know More