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Read more about the article AS 2 Explained: Lower of Cost & NRV – A Complete Guide

AS 2 Explained: Lower of Cost & NRV – A Complete Guide

  • Post author:carohitsethi
  • Post published:November 23, 2025
  • Post category:CA Intermediate
  • Post comments:0 Comments

Inventory forms a major part of assets for most businesses — especially retail, manufacturing, and trading firms.If inventory is valued incorrectly: Profit becomes wrong Balance Sheet becomes misleading Taxation gets…

Continue ReadingAS 2 Explained: Lower of Cost & NRV – A Complete Guide
Read more about the article AS 1 – Disclosure of Accounting Policies Made Easy

AS 1 – Disclosure of Accounting Policies Made Easy

  • Post author:carohitsethi
  • Post published:November 13, 2025
  • Post category:Accounting Standard
  • Post comments:0 Comments

Every business follows certain rules while preparing its financial statements — like how it values stock, when it records expenses, or how it treats fixed assets.These rules are known as…

Continue ReadingAS 1 – Disclosure of Accounting Policies Made Easy
Read more about the article How to Start Your CA Intermediate Journey (2025 Guide)

How to Start Your CA Intermediate Journey (2025 Guide)

  • Post author:carohitsethi
  • Post published:November 6, 2025
  • Post category:CA Intermediate
  • Post comments:0 Comments

Starting your CA Intermediate journey is a big step—whether you have cleared CA Foundation or are entering through the Direct Entry route. This stage forms the backbone of your Chartered Accountancy career and…

Continue ReadingHow to Start Your CA Intermediate Journey (2025 Guide)

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  • AS 2 Explained: Lower of Cost & NRV – A Complete Guide
  • AS 1 – Disclosure of Accounting Policies Made Easy
  • How to Start Your CA Intermediate Journey (2025 Guide)

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