financial follow up report

News

Equalisation levy of 6 percent will come into force from 1st June


TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 SUB SECTION II GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION S O 1905

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Manner of determination of fair market value


F No 142 26 2015 TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi Dated 23rd May 2016 Subject Manner of determination of fair market value and

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Digital reporting of Form No.60


Circular No 14 2016 F No 370149 68 2016 TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi 18th May 2016 Subject Digital reporting of Form No 60

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New and revised standards on auditing


Revised SA 700 Forming an Opinion and Reporting on Financial Statements New SA 701 Communicating Key Audit Matters in the Independent Auditors Report Revised SA 705 Modifications to the Opinion in the

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Road Map for implementation of Indian Accounting Standards


The Road Map for implementation of Indian Accounting Standards Ind AS for commercial Banks Banks Insurance Companies Insurers and Non Banking Financial Companies NBFCs was announced on 18 01 2016 and

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Experts Opinions

audit report


what is the meaning of cash loss under audit report

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Financial reporting- applicability of ind as for nov 2016


Are Accounting Standards applicable for Nov 2016 exams or only IND AS has to be covered Registration is of 2014 Please advise

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Hosing loan in financial statement


Respectable Experts A person purchased a house with the name of his wife but loan was taken with the name of husband and repaying the loan and interest also by husband although wife is also joint borr

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Paper 1:financial reporting


Good morning Experts please tell me the applicability of IND AS for November 2016 attempt whether one should go through only comparison with IFRS or detailed study of all IND AS Thank you

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Uploading of subsidiary companies financials in website


I just need a help with respect to uploading of subsidiary company s financials in the website of Parent company as required under section 136 1 of the companies act 2013 Whether its mandatory or not

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Discussion

Project report

Project report

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Internal financial control

If statutory audit is done from 1st January 2015 to 31st March 2016 shall statutory auditor report on internal financial control as per sect 143

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Financial reporting syllabus for nov 2016- ca final

Are Accounting standards applicable for November 2016 exams or only IND AS would be covered Please advice Registration is of 2014

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Compliance report on corporate governance.

In the report under CRCG in annexure 1 the descripttion in the last column is Number of post of Chairperson in Audit Stakeholder Committee held in listed entities including this listed entity Refer Re

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Annual information report - cash sales above rs 2,00,000

My question is under Annual Information Return which is applicable from 1st April 2016 one point covered is if aggregate cash receipts from any one party against sales exceed Rs 200 000 during the yea

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  • IND AS 24-Related Party Disclosures

    The objective of this Standard is to ensure that an entity s financial statements contain the disclosures necessary to draw attention to the possibility that its financial position and profit or loss may have been affected by the existence of related parties and by transactions and outstanding balances including commitments with such parties

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  • IND AS 21-The Effects of Changes in Foreign Exchange Rates

    An entity may carry on foreign activities in two ways It may have transactions in foreign currencies or it may have foreign operations In addition an entity may present its financial statements in a foreign currency The objective of this Standard is to prescribe how to include foreign currency transactions and foreign operations in the financial statements of an entity and how to translate financial statements into a presentation currency

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  • IND AS12-Income Taxes

    The objective of this Standard is to prescribe the accounting treatment for income taxes The principal issue in accounting for income taxes is how to account for the current and future tax consequences of a the future recovery settlement of the carrying amount of assets liabilities that are recognised in an entity s balance sheet and b transactions and other events of the current period that are recognised in an entity s financial statements

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  • IND AS16-Property, Plant and Equipment

    The objective of this Standard is to prescribe the accounting treatment for property plant and equipment so that users of the financial statements can discern information about an entity s investment in its property plant and equipment and the changes in such investment The principal issues in accounting for property plant and equipment are the recognition of the assets the determination of their carrying amounts and the depreciation charges and impairment losses to be recognised in relation to them

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  • IND AS 10-Events after the Reporting Period

    The objective of this Standard is to prescribe a When an entity should adjust its financial statements for events after the reporting period and b the disclosures that an entity should give about the date when the financial statements were approved for issue and about events after the reporting period The Standard also requires that an entity should not prepare its financial statements on a going concern basis if events after the reporting period indicate that the going concern assumption is not appropriate http praveentawania com file details php title IND 20AS 2010 Events 20after 20the 20Reporting 20Period

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Articles

Ageing report from pivot table - Advance Excel


We all are finance professionals some may be in INDUSTRY few in PRACTICE and most of us are student to become future professionals But whatever stage we are everyone have to face computer screen fille


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All about internal financial control (IFC)


What is Internal Financial Control IFC Sec 134 As per Section 134 of the Companies Act 2013 the term Internal Financial Controls means the policies and procedures adopted by the company for ensuring o


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How to identify a reliable financial advisor?


How do you determine that your financial expert is actually providing you with genuine or fake advice Can you easily trust any financial advice that you get Are you sure whether the financial advice y


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CSR Reporting - Creating a liability for an asset


Section 135 of the Companies Act 2013 Act deals with the provisions of Corporate Social Responsibility CSR and requires every company that comes under the purview of the mandatory spend to spend on CS


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Financial Suicide - Are you committing it?


Mr Youngs Mother In Law has giftedDaamadjiRs 1 00 000 on his birthday Excited with the windfall he decides to buy the latest smartphone and invest whatever is left So he is spending Rs 50 000 and savi


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Updated on : 6/5/2016 12:06:17 PM


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