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Balance sheet structure includes assets, liabilities, and equity. InAS affects presentation and disclosure of financial information.
Balance sheet includes assets, liabilities, and equity
InAS affects presentation and disclosure of financial information
InAS requires separate presentation of current and non-current assets and liabilities
InAS requires disclosure of significant accounting policies and estimates
InAS requires
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I applied via Walk-in and was interviewed in Aug 2024. There was 1 interview round.
Key financial ratios for liquidity include current ratio, quick ratio, and cash ratio.
Current ratio: measures a company's ability to pay off short-term liabilities with its current assets
Quick ratio: similar to current ratio but excludes inventory from current assets
Cash ratio: measures a company's ability to cover short-term liabilities with cash and cash equivalents
Working capital is crucial for steel companies to manage day-to-day operations, including purchasing raw materials and paying suppliers.
Working capital is the difference between current assets and current liabilities.
Steel companies need sufficient working capital to fund operations and maintain liquidity.
Factors affecting working capital in steel industry include raw material prices, demand fluctuations, and productio...
I applied via Referral and was interviewed in Feb 2024. There was 1 interview round.
I applied via Recruitment Consulltant and was interviewed before Jun 2022. There were 2 interview rounds.
posted on 3 Oct 2023
I applied via Naukri.com and was interviewed before Oct 2022. There were 2 interview rounds.
I applied via campus placement at Institute of Chartered Accountant of India (ICAI) and was interviewed before Oct 2022. There were 2 interview rounds.
India's potential to become 5 trillion economy
posted on 1 Oct 2021
SAP FICO transaction codes, stock valuation methods, tax codes, financial analysis techniques, and TDS codes.
B/S-F.01 is a transaction code for balance sheet preparation
FBL1N is a transaction code for vendor ledger
MIGO is a transaction code for purchase entry
MIRO is a transaction code for invoice verification
Stock valuation methods include FIFO, LIFO, and weighted average
AS-22 is a tax code for deferred tax
Cash flow an...
posted on 10 Dec 2020
Maintaining GRIR & SRIR involves regular monitoring, reconciling accounts, and addressing discrepancies promptly.
Regularly monitor GRIR & SRIR accounts to identify discrepancies
Reconcile accounts on a regular basis to ensure accuracy
Address any discrepancies promptly to prevent further issues
Ensure proper documentation and communication with relevant stakeholders
Implement internal controls to prevent future discrepanci
Processing miro and payment involves verifying invoices, recording transactions, and issuing payments.
Verify the accuracy of the invoice details
Record the transaction in the accounting system
Obtain necessary approvals for payment
Issue payment through the chosen payment method
Maintain proper documentation for audit purposes
Capitalized assets are long-term assets that are recorded on a company's balance sheet and are depreciated over time.
Capitalized assets are recorded as an asset on the balance sheet and are depreciated over their useful life.
These assets are expected to provide benefits to the company for more than one year.
Examples of capitalized assets include buildings, equipment, and vehicles.
Capitalizing an asset allows a company ...
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Tata Steel
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Steel Authority Of India
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