Abdul Kalam Technical University (AKTU)

International Financial Reporting Standards (IFRS): Need, Significance, and Ethical Issues in Accounting

March 31, 2025 by kohli

In today’s globalized economy, businesses operate across borders, investors diversify internationally, and financial statements must be transparent and comparable. This is where International Financial Reporting Standards (IFRS) play a crucial role. Developed by the International Accounting Standards Board (IASB), IFRS provides a unified framework for financial reporting, ensuring consistency and reliability across different countries. Unlike … Read more

Cash Flow Statements: Sole Proprietors vs. Companies Act 2013

March 31, 2025March 31, 2025 by kohli

Cash flow statements serve as a critical financial tool for businesses of all sizes, providing valuable insights into liquidity, operational efficiency, and financial stability. However, the preparation and presentation of these statements vary significantly between sole proprietorships and companies registered under the Companies Act 2013. For sole proprietors, cash flow statements offer a straightforward way … Read more

Accounting Cycle: From Transactions to Final Accounts

March 31, 2025March 31, 2025 by kohli

The accounting process begins with the meticulous recording and classification of every financial transaction that occurs within a business. This foundational step ensures that all monetary movements are properly documented and organized for future analysis and reporting. The accounting cycle is the backbone of financial record-keeping, transforming everyday transactions into meaningful financial statements. Every business, … Read more

Syllabus of Business Communication – 1st Semester, Abdul Kalam Technical University (AKTU)

February 2, 2025January 27, 2025 by shreena

The Business Communication course in the first semester of the BBA program at Abdul Kalam Technical University (AKTU) focuses on equipping students with essential communication skills for effective business interactions. Syllabus of Business Communication covers a wide range of topics, including the principles of communication, written business communication (such as letters, reports, and emails), oral … Read more