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Accounting WizardsAccounting concepts, decoded — for people who read annual reports.55 concepts on file
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Leases & Contracts

Folio №001intermediate

Lease Accounting

Why almost every Indian company's balance sheet quietly got bigger in 2019 — without it buying a single new asset.

Leases & ContractsInd AS 116
Folio №040intermediate

Lessor Accounting

Why Ind AS 116, the same standard that erased the operating-lease-vs-finance-lease distinction for TENANTS, deliberately left that exact distinction fully intact for LANDLORDS.

Leases & ContractsInd AS 116 (lessor provisions)
Folio №041advanced

Sale and Leaseback

Why a company selling its own head office building to raise cash — and then immediately renting it back to keep using it — doesn't always get to book the full sale profit it might expect.

Leases & ContractsInd AS 116
Accounting Wizards is a plain-English reference for how listed companies actually keep their books. Not investment advice — always verify figures against the latest annual report or filing.