Accounting policies
This query is : Resolved
19 July 2013
WHAT IS THE MEANING OF FORMULATION OF ACCOUNTING POLICIES AND PROCEDURES?
I HAVE SEEN THIS IN ONE OF THE CV
I HAVE SEEN THIS IN ONE OF THE CV
19 July 2013
It is preparation of accounting policies and procedure for the company, how to account each and every business transaction etc. this top management level profile
20 July 2013
Basis for this accounting standard by the ICAI. we need to define the policies and procedure for each transaction how to be treated and accounted.example capitalisation of fixed asset. company may decide that below if the asset below Rs.10000/- the same can be written of the year or purchase and second example, deciding the the method of depreciation whether SLM or WDV this are the example of accounting policies
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- ITR selection for salaries and capital gain less than L
- ITR 1: Details for showing Exempt Income
- ITR 2 Short Term gain & Long term gain
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
