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Abhishek Patel replied to the topic Difference b/w Indian GAAP and Ind AS in the forum Commerce
Indian GAAP is the former accounting standard used in India issued by ICAI whereas Ind AS are the new standards aligned to IFRS issued by MCA. Ind AS provides more relevant and reliable financial information compared to Indian GAAP.
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Abhishek Patel started the topic Confused about choosing career after 12th in the forum Career Guidance
I’m a 12th grade student from India and very confused about what to do after school. I am interested in business and science but not sure what career options there are. Any suggestions?
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Abhishek Patel replied to the topic Cost calculation confusion in the forum Commerce
Total cost is the sum of all costs i.e. fixed cost + variable cost. Fixed cost remain same irrespective of the production volume while variable cost changes with production.
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