Accounting & Commerce

There are numerous reasons why you would wish to pursue a taxation diploma. The following are some of the most common reasons:To learn about the Indian tax system: The Indian tax system is complex and ever-changing, so it's critical to grasp how it works. A taxation Diploma will provide you with the knowledge you need to comprehend the many sorts of taxes, how they are calculated, and who is responsible for paying them.To gain experience in tax planning and compliance: Tax planning is the process of organising your money in such a way that your tax liability is minimised. Tax compliance is the process of ensuring that all of your tax responsibilities are met. 

The following chapters are included in Assets Based Accounting Standards chapter of CA Intermediate course:·       Unit 1: Accounting Standard 2 Valuation of Inventory·       Unit 2: Accounting Standard 10 Property, Plant and Equipment·       Unit 3: Accounting Standard 13 Accounting for Investments·       Unit 4: Accounting Standard 16 Borrowing Cost·       Unit 5: Accounting Standard 19 Leases·       Unit 6: Accounting Standard 26 Intangible Assets·       Unit 7: Accounting Standard 28 Impairment of Assets

The main units in chapter Presentation & Disclosures Based Accounting Standards of CA Intermediate are:·       Unit 1: Accounting Standard 1 Disclosure of Accounting Policies·       Unit 2: Accounting Standard 3 Cash Flow Statement·       Unit 3: Accounting Standard 17 Segment Reporting·       Unit 4: Accounting Standard 18 Related Party Disclosures·       Unit 5: Accounting Standard 20 Earnings Per Share·       Unit 6: Accounting Standard 24 Discontinuing Operations·       Unit 7: Accounting Standard 25 Interim Financial Reporting