Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Professional Updates »
Open DEMAT Account in 24 hrs
 Guidance Note on Audit of Banks (2023 Edition)
 Extension of Last Date for Online Empanelment of Members to act as Observers for May/June 2023 Examinations up to 15th March 2023.
 Implementation Guide to SA 580, Written Representations
 A Primer on the Concept of Social Stock Exchange
 Exposure Drafts of Guidance Note on Financial Statements of Non-Corporate Entities and Guidance Note on Financial Statements of Limited Liability Partnerships for comments
 Framework for Social Audit Standards
 Important Announcement - "Empanelment of Members to act as Observers at The Examination Centres for The Chartered Accountants Examinations May/June 2023
 ICAI invites suggestions on tax proposals of Union Budget 2023-24
 Results of the Chartered Accountants Foundation Examination held in December 2022 is likely to be declared on Friday, the 3rd February, 2023
 MCA 21 Version 3 - LLP filing and Company Filing for 56 Forms - Issues/ Feedback (If any) - Initiative of the Corporate Laws & Corporate Governance Committee of ICAI
 Office hours arising out of Security Arrangements for Republic Day - 2023

Educational Material on Indian Accounting Standard (Ind AS) 115, Revenue from Contracts with Customers
August, 17th 2018

The objective of Ind AS 115 is to establish the principles that an entity shall apply to report useful information to users of financial statements about the nature, amount, timing and uncertainty of revenue and cash flows arising from a contract with a customer. The core principle of Ind AS 115 is that an entity recognises revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Educational Material on Ind AS 115, Revenue from Contracts with Customers addresses all relevant aspects envisaged in the Standard by way of brief summary of the Standard and Frequently Asked Questions (FAQs) which are being/expected to be encountered while implementing the Standard.

Relevant link to download the Educational Material: https://resource.cdn.icai.org/51388indas41073.pdf 

Home | About Us | Terms and Conditions | Contact Us
Copyright 2023 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting