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The Institute Of Chartered Accountants Professional 1 Interview Questions and Answers
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(1 Question)
- Q1. Telk me about indas 115
- Ans.
Ind AS 115 is a revenue recognition standard that establishes principles for recognizing revenue from contracts with customers.
Ind AS 115 replaces the existing revenue recognition guidance in Ind AS 18 and Ind AS 11.
It introduces a five-step model for revenue recognition: identify the contract, identify the performance obligations, determine the transaction price, allocate the transaction price to the performance oblig...
(1 Question)
- Q1. What is net suit
- Ans.
NetSuite is a cloud-based business management software suite that includes accounting, enterprise resource planning (ERP), and customer relationship management (CRM) functionalities.
NetSuite is a cloud-based software suite used for business management.
It includes accounting, ERP, and CRM functionalities.
NetSuite helps businesses streamline their operations and improve efficiency.
It offers real-time visibility into key ...
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