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 …
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, …
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 …
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UPSC COMMERCE OPTIONAL Answer Writing Practise. Contact for details.