Grant Accounting
Grant accounting involves tracking, managing, and reporting funds received through grants, typically from governments, institutions, or non-profits. It ensures that funds are used according to donor restrictions and compliance requirements. Accurate grant accounting helps maintain transparency, avoid misuse, and meet audit and reporting obligations effectively.
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Gain on Sale of Asset
Gain on Sale of Asset refers to the profit realised when a fixed asset is sold for more than its…
Green Accounting
Green accounting, or environmental accounting, integrates environmental costs into financial reporting. It tracks expenses and benefits related to sustainable practices,…
Gratuity
Gratuity is a statutory payment made by employers to employees as a reward for long-term service. It is typically paid…
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