Dcode Classes for Professional Excellence

 Generally accepted accounting principles ( GAAP ) are a common set of accounting principles, standards and procedures that companies must follow when they compile their financial statements.

DCODE CLASSES Accounting courses are an excellent way to diversify education and experience while gaining professional skills for a career, whether you are already an accountant needing to brush-up on your skills, or interested in a career change. Accounting courses will teach individuals how to become more effective and efficient when performing accounting duties.

Enhance your skill set and boost your hirability through innovative, independent learning.

Company Secretaries set up the contours for Board deliberations and ensuring regulatory compliance with regard to decisions. They serve as governance professionals. A good corporate governance is the main key to increasing reputation and profits. The Institute of Company Secretaries of India awards Company Secretary (CS) to a candidate qualifying for the membership of the Institute.

The Ministry of Corporate Affairs (MCA) has notified Ind-AS, but the implementation roadmap is yet to be announced. The newly drafted standards extensively talk about fair value measurement. The International Accounting Standards Board (IASB) has issued "IFRS 13 - Fair Value Measurement" which provides detailed guidance on measurement principles and valuation techniques w.r.t. fair valuation of assets and liabilities. The valuation techniques and measurement principles given in this standard can be applied in a consistent manner while determining the fair value in various situations under the Indian regulatory scenario.

The method adopted by the assessee, therefore,cannot be regarded to comply with the ownership so as to get an enforceable right to receive the balance of sale consideration, the question of applying Section 53A of the Transfer of Property Act would not arise so as to recognise the revenue before actual registration. Recognition/identification of income under the Income-tax Act 1961 is attainable by several methods of accounting. Project completion method [PCM] is one such method.