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In the 2011–12 fiscal year, TCS achieved annual revenues exceeding US$10 billion for the first time. [33] In May 2013, TCS was awarded a six-year contract valued at over ₹ 11 billion (US$130 million) to provide services to the Indian Department of Posts. [34]
The following balance sheet is a very brief example prepared in accordance with IFRS. It does not show all possible kinds of assets, liabilities and equity, but it shows the most usual ones. Because it shows goodwill, it could be a consolidated balance sheet. Monetary values are not shown, summary (subtotal) rows are missing as well.
Trailing twelve months (TTM) is a measurement of a company's financial performance (income and expenses) used in finance.It is measured by using the income statements from a company's reports (such as interim, quarterly or annual reports), to calculate the income for the twelve-month period immediately prior to the date of the report.
Off-balance-sheet; Two sets of books ... The section contains a description of the year gone by and some of the key factors that influenced the business of the ...
A chart of accounts compatible with IFRS and US GAAP includes balance sheet (assets, liabilities and equity) and the profit and loss (revenue, expenses, gains and losses) classifications. If used by a consolidated or combined entity, it also includes separate classifications for intercompany transactions and balances.
The debit balance values will be listed in the debit column of the trial balance and the credit value balance will be listed in the credit column. The trading profit and loss statement and balance sheet and other financial reports can then be produced using the ledger accounts listed on the same balance.
Since the balance sheet is founded on the principles of the accounting equation, this equation can also be said to be responsible for estimating the net worth of an entire company. The fundamental components of the accounting equation include the calculation of both company holdings and company debts; thus, it allows owners to gauge the total ...
Tata Consultancy Services (TCS) – Asia's largest IT company and world's largest software and services company Computational Research Laboratories – Tata initiative in high performance computing; C-Edge Technologies – TCS-SBI joint venture; Tata Elxsi – product design and technology company
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