Yagnesh Mohanlal Desai

Yagnesh Desai Small 1

Professional Accountant practicing since August 1983

Actively participated in the process of formulation of IFRS in India

Advising and implementing Indian Accounting Standards (Ind AS)

Imparting training in the field of Accounting and Auditing Standards

Helping big corporates select and implement accounting policies and help them prepare annual reports and notes to accounts from the perspective of Companies Act

Have delivered more than 750 lectures on accounting and auditing standards and Companies Act

Imparted training in GCC Countries, Myanmar, and Sri Lanka

Faculty for one of the big four firms for ‘Finance for Non-Financial Executives (FFNF)’ and ‘Diploma In IFRS – DIP FIRS’ examinations conducted by ACCA of UK.

Lease Accounting Software – Data Input Process

Lease Accounting Software – Data Input Process Creation of Company Super Admin is the administrative contact from RVSBELL Analytics, who will create the company and the user login ids for all the users of the application. Creation of users Three users are created by the Super Admin viz., Accountant, Manager and Auditor. All the …
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Lease Accounting Software Computation Process

Lease Accounting Software Computation Process Generate cash flows Based on the start date, effective date, end date, frequency of the lease, payable at beginning or end etc, cash flows for the entire period is generated as follows: Change the following data – only start from 1-4-2019 onwards Variable cashflows If you upload lease with Cash …
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Lease Accounting Software – Deposit Management

Lease Accounting Software – Deposit Management Upload Lease Deposit Deposits with sample data Import ‘Lease advance’ file Click the import data and upload the advance.csv in the given format Deposits uploaded Compute the Lease Deposit Prepare the schedule of dates first. 1. Discount factor is based on the rate given in the Advances file by adding the two …
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Lease Accounting Software Modification and Termination

Lease Accounting Software Modification and Termination 1. Processing is done on a quarterly basis. 2. Journal entries are passed on a monthly basis always. All entries will be dated the end of each month. Exception is the payment of lease rental and other payments which will be the actual date of such …
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