accounting standards in brief

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Nomination for Membership at the International Accounting Standards Board


International Accounting Standards Board IASB is seeking applications for vacancies in the Board A IASB position summary The International Accounting Standards Board is the independent standard setting body of the IFRS Foundation Members of the Board represent the best available combination of techn

ICDS not applicable for November, 2016 Exam


Students appearing in November 2016 examination may note that Income Computation and Disclosure Standards ICDS shall not be applicable ICDS need not be applied for computation of incomeor for answering application based or knowledge based questions Final Paper 7 Direct Tax Laws IIPCE Paper 4 Taxatio

Withdrawal of two Guidance Notes on Accounting


The Council at its 359th meeting held on September 16 17 2016 has decided to withdraw the following two Guidance Notes on Accounting as the same are no longer relevant in the present day context GN A 9 Issued 1994 Guidance Note on Availability of Revaluation Reserve for Issue of Bonus Shares GN A 20

Framework for computation of book profit for the purposes of levy of MAT


Framework for computation of book profit for the purposes of levy of MAT under section 115JB of the Income tax Act 1961 for Indian Accounting Standards Ind AS compliant companies A Committee had been constituted with the approval of the Finance Minister to suggest the framework for computation of bo

Results of CA IPCC May 2016 exam declared


The Institute of Chartered Accountants of India ICAI established under the Chartered Accountants Act 1949 to regulate the profession of Chartered Accountancy It is one of the largest and prominent accounting body worldwide Chartered Accountancy profession has become a challenging career at the cutti

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Experts Opinions

Financial accounting


DEAR SIR I HAVE TO SOLVE THIS ASSIGNMENT AS QUICKLY AS POSSIBLE KINDLY GIVE THE HELP AS I AM NOT GETTING THE ANSWER FOR THE RATIO LONG TERM DEBT TO CAPITAL AND RESERVE IS GIVEN 7 25

Accounting advisory


Hi everyone being a qualified CA with work experience into different domain how can I start a career into Accounting Advisory services at any of the Big 5 or industry providing related profile What are the basic requirements that a big 4 looks into a Candidate while hiring an entry level professiona

accounting term


difference between journal voucher cash voucher

accounting term


plz tell me difference between invoice voucher

Accounting Entry


sir I have Taken PCFC USD 95000 68 55 With Due date 28 02 17 How do I do Entry into Tally pls Advice

Discussion

Bookkeeping, accounting taxation practise

My Qualification is M Com having 20 yrs experience as an accountant presently as Senior Accounts manager in a reputed Pvt ltd Co I would like to start my own Practise as Bookkeeping and Accounting taxation May I have to take any permision from govt authority and I need guidence in this regard Thank

New online cloud based accounting software

I happy to announce that a team of chartered accountants have launched a new cloud based accounting software capable to make your office paperless You can asign tasks to your team members and various features are included Specially for Professionals Visit Online Accounting software Tiktant

Regarding accounting standards

Which of the AS is more important in IPCC Paper 5 please help

Accounting treatment for portal development cost

Hello Members I am working in an insurance broking company which is going to launch an online portal within few months To develop this portal and website amount is advanced to an IT solution company and such IT company is working on it My queries are 1 whether this advance amount can be capitalised

What should be the accounting treatment?

I am a seller on snapdeal and what should be the accounting treatment of this To whom i should refers the bill and for payments respectively

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  • Suggested Answer of AMA paper 2016(N) by CA Ravi Shanker

    It is suggested answer of Advanced Managment Accounting 2016 N paper We added some more additional features to help students to target good marks and areas of work in upcoming papers We did analysis of paper on chapters wise as well as theory and practical wise Read more at http www caclubindia com forum suggested answer of advanced management accounting nov 2016 376200 asp
  • Standards on Auditing for Chartered Accountants

    A practical approach of standards on auditing
  • CA Final Indirect Tax Laws IDT Question Paper Nov 2016

    Download CA Final Indirect Tax Laws IDT Question Papers Nov 2016 May 2016 in PDF For older question papers of CA final Nov 2015 CA final may 2014 CA final Nov 2014 check similar section Previous years CA final Indirect Tax Laws IDT question papers can also be downloaded using Search You can also search and download may 2015 IPCC IPC question papers here We are providing ca final question papers of may 2016 for Financial Reporting FR Strategic Financial Management SFM Advanced Auditing and Professional Ethics Corporate Allied Laws Advanced Management Accounting AMA Information Systems Control Audit ISCA Direct Tax Laws DT Indirect Tax Laws IDT and IPCC IPC may 2015 question papers for Accounting Business Law Ethics Communications Cost Accounting Financial Management CAFM Taxation Advanced Accounting Auditing Assurance Information Technology Strategic Management ITSM
  • Overview of Indian Accounting Standards (Ind ASs)

    Overview of Indian Accounting Standards Ind ASs
  • CA IPCC Information Technology & Strategic Management ITSM Question Paper Nov 2016

    Download CA IPCC Information Technology Strategic Management ITSM Question Papers Nov 2016 May 2016 in PDF For other question papers of CA IPC may 2016 CA IPC Nov 2015 CA IPC may 2015 CA IPC Nov 2014 check similar section Previous years Information Technology Strategic Management ITSM CA IPCC IPC question papers can also be downloaded using Search You can also search and download may 2015 Final question papers here We are providing ca final question papers of may 2016 for Financial Reporting FR Strategic Financial Management SFM Advanced Auditing and Professional Ethics Corporate Allied Laws Advanced Management Accounting AMA Information Systems Control Audit ISCA Direct Tax Laws DT Indirect Tax Laws IDT and IPCC IPC may 2015 question papers for Accounting Business Law Ethics Communications Cost Accounting Financial Management CAFM Taxation Advanced Accounting Auditing Assurance Information Technology Strategic Management ITSM

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Articles

Income Computation And Disclosure Standards - In Brief


Income Computation and Disclosure Standards ICDS Section 145 2 of the Income Tax Act 1961 confers powers to the Central Government to notify accounting standards to be followed by any class of assessee Exercising that power the Central Government introduced Income Computation and Disclosure Standard


Immunities under Income Tax Act, 1961 - In Brief


If a person co operates with tax department in disclosure of income the assessing officer normally grants immunity as permitted under the Income Tax Act However the final decision on whether to grant or not rests with the concerned tax authority where the appeal lies Here are the immunities availabl


Impact of Demonetization of Rs 500 and Rs 1000 Currency - A Brief Analysis


Surgical strike on black money Masterstroke by Modi Government The era of black colour is finally fading and white colour is resurfacing as the new shine everywhere This well planned and multi thronged agenda of the Modi government has now neared its final leg with demonetization of the high denomin


Analysis of Paper 3: Cost Accounting & Financial Management (IPCC)


Here is the Brief Analysis of Paper 3 Cost Accounting Financial Management IPCC held on 6th November 2016 Overview The Paper seemed quite familiar manageable as majority of the Questions were taken directly from ICAI Material Maximum Almost All Questions were from ICAI Module PM RTP Length Average M


Fixed asset Accounting under IFRS


Fixed asset Accounting under IFRS Fixed assets can be classified basically in to two categories i e tangible intangible Under IFRS IAS 16 Property Plant Equipment deals with tangible fixed asset except the assets held for capital appreciation In case asset held for capital appreciation that assets h


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Updated on : 12/5/2016 9:33:10 PM


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