Depreciation, GST Allocation, and Accounting Treatment: A Practical Guide with Vinu & Manu

access_time 2025-02-25T07:44:50.925Z face CA N Raja
Depreciation, GST Allocation, and Accounting Treatment: A Practical Guide with Vinu & Manu Vinu: Manu, I bought some laptops for my office, and I am wondering what percentage of depreciation I should use. How do I determine the useful life of these laptops? Manu: Good question, Vinu! The depreciatio...

Decoding Other Comprehensive Income (OCI): Beyond the Profit & Loss Statement

access_time 2025-02-18T04:59:58.772Z face CA N Raja
Decoding Other Comprehensive Income (OCI): Beyond the Profit & Loss Statement Vinu: Vinu: Manu, I was going through a company’s Balance Sheet, and I noticed a section called Other Comprehensive Income (OCI). What exactly is it? Manu: Good question, Vinu! Other Comprehensive Income (OCI) represents c...

Mastering Cash Flow: Why It Matters More Than Profits – A Conversation with Manu & Vinu

access_time 2025-02-17T04:22:03.43Z face CA N Raja
Mastering Cash Flow: Why It Matters More Than Profits – A Conversation with Manu & Vinu Vinu: Hi, Manu. I've been hearing a lot about Cash Flow Analysis lately, but I'm not exactly sure what it is or why it's important. Can you explain it to me? Manu: Sure, Vinu. Cash Flow Analysis is the process of...

Banks' Margin Application on Current Assets: Understanding DP Calculation & Verification of Inventory & Receivables

access_time 2025-02-13T09:13:54.883Z face CA N Raja
Banks' Margin Application on Current Assets: Understanding DP Calculation & Verification of Inventory & Receivables Vinu: Hi Manu, I have a question about how banks apply margin on the Current Assets (CA) like inventory and receivables when computing Drawing Power (DP) in Cash Credit (CC) accounts. ...

Decoding DSCR: Why CC/OD Interest is Excluded & The Role of the Working Capital Cycle

access_time 2025-02-13T09:08:57.388Z face CA N Raja
Decoding DSCR: Why CC/OD Interest is Excluded & The Role of the Working Capital Cycle Vinu: Hey Manu, I've been scratching my head over something related to the Debt Service Coverage Ratio (DSCR). Can you help me out? I'm confused about why the interest on cash credit (CC) or overdraft (OD) faciliti...