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Compliance with accounting standards issued by ICAI has become a statutory requirement with the notification of Companies (Accounting Standards) Rules, 2006 by the Government of India. [54] Before the constitution of the National Advisory Committee on Accounting Standards ( NACAS ), the institute was the sole accounting standard setter in India.
In bookkeeping, an account refers to assets, liabilities, income, expenses, and equity, as represented by individual ledger pages, to which changes in value are chronologically recorded with debit and credit entries.
The company was launched in 2014. [1] Its name, Vedantu, is derived from the Sanskrit words Veda (knowledge) and Tantu (network). [2] The organization is run by IIT alumni Vamsi Krishna (co-founder and CEO), Pulkit Jain (co-founder and head of product), Saurabh Saxena (co-founder) and Anand Prakash (co-founder and head of academics).
Books are usually covered with red cloth and are hard-bound. Traditionally the transaction lines are entered parallel to the binding. The books in Desi Nama are usually long, double folded and tied with a thick string. The papers are blank, i.e. not ruled. However, in modern times, books of accounts with lined pages are also in use.
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
Byju was born on 5 January 1980 in the Azhikode [1] [2] village of Kerala, India to Raveendran and Shobhanavalli, physics and mathematics teachers, respectively. [3] [4] He studied at a Malayalam medium school where his mother was a mathematics teacher and his father a physics teacher.
Bhagavata Purana, Canto Ten, Chapter 16 The account of Krishna and Kaliya, as told in the Bhagavata Purana. (Full Sanskrit text online, with translation and commentary.) The Importance of Kaaleya Mardan - A comparative view of the knowledge of solar physics and biology among the modern scientists, among the ancient civilized nations, and among the early Sanskrit writers.
The school has produced toppers in CBSE 10th and 12th standard exams as well as the AIEEE, BITSAT and IITJEE exams year after year. [ 3 ] Education World magazine ranked the school first in academic reputation (along with DPS Delhi ) and over all fourth in the country in the year 2010.It has also been ranked as 8th in all over India schools [ 8 ]