advanced management accounting theory notes

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Annual Improvements to IFRS Standards 2015-2017 Cycle


Exposure Draft issued by the International Accounting Standards Board the Board on proposed amendments to three Standards for public consultation as part of its annual improvements process The document contains proposed amendments to IAS 12Income Taxes IAS 23 Borrowing Costs and IAS 28 Investments i

Exposure Draft of Ind AS Taxonomy for Comments


As per the roadmap issued by the Ministry of Corporate Affairs MCA in February 2015 certain class of companies have to prepare their financial statements as per Indian Accounting Standards Ind AS which are converged with International Financial Reporting Standards IFRS w e f F Y 2016 17 MCA has also

Old notes returned figures might change says RBI


Clarification regarding Specified Bank Notes SBNs There had been various estimates on SBNs tendered in certain sections We would like to clarify that the periodical SBN figures released by us were based on aggregation of accounting entries done at the large no of Currency Chests all over the country

Updated FAQ on withdrawal of old bank notes


Withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of 500 and 1000 and The Specified Bank Notes Cessation of Liabilities Ordinance 2016 Updated as on January 04 2017 1 Why was the Scheme of Withdrawal of Legal Tender Character of the old Bank Notes in the denominations o

Ordinance on cessation of liabilities of old notes


MINISTRY OF FINANCE Department of Economic Affairs NOTIFICATION New Delhi the 30thDecember 2016 S O 4251 E In exercise of the powers conferred by clause b of sub section 1 of section 2 read with clause i of sub section 1 of section 4 of the Specified Bank Notes Cessation of Liabilities Ordinance 201

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Experts Opinions

Accounting entry


Dear Sir What will be the accounting entries for the following transactions 1 Purchased goods worth 44100 and paid cst 2 on it 2 Sold goods on credit to party for 90000 add vat 6 90000 5400 95400 3 Party deposited the vat amount of 5400 via challan to the department Deducted 1200 as income tax and p

project management


what are the key areas to consider in project management

accounting treatment


my client is installed GPS system in car what journal entries is passed it is treated repair and maintenance or any other head suggest me

Oppression & mismanagement case


Which are cases laws where Minority rule over Majority By filling a case for oppression and mismanagement What are the Rights of majority shareholders in case of oppression mismanagment by minority

amendment notes of isca


sir please provide the amendment notes of isca applicable for may 2017

Discussion

Income tax on sale of old indian currency notes

Is income tax levied on the sale of old Indian currency notes like 1 2 5 and 10 rupee currency notes If so then please let me know how does the income tax law treat such transactions

Accounting for quantity of bonus shares received

Dear Members How do I account for the quantity of bonus shares received by me I understand that no entry has to be passed on receipt of bonus shares But say if I hold 500 shares of a certain company who has awarded bonus shares at 1 1 how do I account for the quantity of the 500 bonus shares receive

Accounting quetion

Hi A sole proprietor can show his persoanal expense in his books of accouns He withdraw money for his personal use How can i pass this entry If i pass drawing entry capial account is showing on Asstets side because his drawing is more than capital How can i adjust this transaction

Accounting & taxation consultancy service in erode district

Dear Sir I provide following Consultancy Services in Erode District Tally Accounting Book Keeping Sales Tax Return Service Tax Return E TDS Return Internal Audit PAN TAN Accounts Finalization Work Other Tax Consultancy Service Please contact me for consultancy service Thanking You Regards M Shanmuga

About general accounting principles or gaap

Dear Sir Iam Abhimanyu kumar I Am a student of UPSC In my Syllabus General Accounting Principle or GAAP is Here What is the difference between them

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Articles

Everything You Need to Know for a Career in Risk Management


Mr Subhashis Nath Mentor GRMI Global Risk Management Institute offers insights into the role of a Risk Manager Its time to look at the positives that effective Risk Management brings on to the table Risk creates many challenges but at the same time presents an opportunity to take advantage of the ch


Effective Risk Management for Food StartUps


Be it through online or the newspapers we are constantly updated with the start up news and trends prevalent around Start ups A new start up is coming up almost every day and this generates tremendous interest in the Private Equity space with companies vying with the other to invest funds at valuati


Cost management under new era


We are entering the age of advanced cost management but it will cost the population also under this new era By 2030 the global unemployment level will scale up significantly across major economies and cost of production will be zero and incremental profit will be huge Yes dont be surprised what I ha


Glitches during Migration to New Accounting System


A direct nexus can be established between Migration to New Accounting and the saying Well begun is half done Before we move on to understand the glitches that are faced at the time of migration let us analyze the criteria that your company must consider to gauge whether a New Accounting System is in


Task Management


I would simply start with a seed of thought in our minds by the following Managing your time without setting priorities is like shooting randomly and calling yourself that you hit THE TARGET Task Management mainly focuses on to manage the tasks in a pre defined manner in an order of priority Inculca


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