best class for upsc commerce optional

19 June

Give your suggestions related to Accounting Standards on Depreciation and Inventories.

Posted by commerceachiever
Categories Answer Writing Practise, Answer Writing Practise, Past Papers, Previous Year Question Papers, UPSC Commerce Optional

Give your suggestions related to Accounting Standards on Depreciation and Inventories. {2011} AS-10, also known as Accounting Standard (AS) 10 on “Accounting for Fixed Assets,” provides guidelines on the treatment of depreciation in financial statements. It aims to ensure that …

19 June

How do you use the concept of revenue recognition in the determination of the income of a business concern? Explain, giving examples.

Posted by commerceachiever
Categories Answer Writing Practise, Past Papers, UPSC Commerce Optional

How do you use the concept of revenue recognition in the determination of the income of a business concern? Explain, giving examples. {2011} AS-9, “Revenue Recognition,” outlines principles for recognizing revenue from the sale of goods, rendering of services, …

16 June

A medium size firm is making large profits and they do not have a Cost Accounting Department. There is a proposal to employ a Cost Accountant. What would you consider to be his functions and how can he make himself useful to the management

Posted by commerceachiever
Categories Answer Writing Practise, Blogs, Cost Account, Learn - Free, UPSC Commerce Optional

A medium size firm is making large profits, and they do not have a Cost Accounting Department. There is a proposal to employ a Cost Accountant. What would you consider to be his functions, and how can he make himself …

16 June

What are the functions of Cost Accounting?

Posted by commerceachiever
Categories Answer Writing Practise, Blogs, Blogs, Cost Account, Learn - Free, UPSC Commerce Optional

What are the functions of Cost Accounting? {2006} Cost accounting plays a critical role in helping organizations make informed business decisions, optimize costs, and improve overall financial performance. It encompasses various functions that are vital for effective cost management. Here …

06 June

UPSC Commerce Optional – Answer Writing Practice – Strategy Followed by Rankers

Posted by commerceachiever
Categories Announcements, Answer Writing Practise, Answer Writing Practise, UPSC Commerce Optional

The Union Public Service Commission (UPSC) examination is one of the most prestigious and competitive exams in India. Aspirants who choose commerce as their optional subject for the UPSC mains often face unique challenges in terms of answer writing. To …