May anyone tell me that what is ifrs and how will be used in the company or others?????????

Dear Sir,


Is there any concept called "100% depreciation" in accounting.
Usually,an asset acquired has a lifetime less than one year is written off to p&l...that is, it is an 'expense'.

sir, please give the mode of Income tax depreciation calculation (rate)on the same.

I am working last 10 years in accouunt filed , in following organisations

KUMAR BUILDERS 3 YEAR

MRC LOGISTICS PVT LTD 2 YEAR

In kumar handel E & Y AUDIT up to finalisation.

In MRC Logistics MANAGE Account payable and receivable .

I am getting increment in MRC

but I am not satisfy.

Net earning 25000/- per month

Now I am looking for better propects what should I do

Please guide me .


regards

Yogesh Khare

Hi,

we have received interest on FD & Bank deduct the TDS on interest.

what entry will be made??

interest should be added to the total amount of FD

please reply soon

can nybody tell me the calculation of employee & employer contribution to provident fund & employee & employer contribution to Employee state Insurance. & also how we take it in the books of accounts of organization. plz explain

Dear Experts,

We have formed a 100% subsidiary co in Dubai to acquire a company in Italy.

We have done due diligence & has paid the due diligence exp from our a/c's i.e. from holding company's a/c. holding company has debited these exp.

Is this treatment is right?

Subsdiary co. will not be doing any business activity there, if subsidiary company debit this exp, then there will be loss on its financilal statment. In this case can holding company debit the losses in its book incurred by its subsidiary company during the year?

Waiting for your reply...

Thanks in advance..
Regards,
Sushil.

Dear Sir,

I have purchase some spare parts of machinery as free sample... which is not return to customer.. same time not to pay any amount to customer... please clarify what is journal entry..

I am searching for a CA in Pimpri Chinchwad area in Pune who can look after work relating to Sales Tax, Income Tax, Profession Tax for a new startup SSI mfg company at reasonable charges.Please suggest some names with phone nos if possible.

Hi,
Please advise - Is it required that the Final Accounts of non profit religious institutions such as churches should be closed at a year ending date such as 31-12-2011 or FY - 31-03-2012.
If the previous year closing was done on 15/01/2011, then is it required that the next year closing should be done on 15/01/2012. OR Is it compulsory to close accounts at a year end such as 31/12/2011 or FY- 31/03/2012. Please advise.

Sir, I have a dought in my mind.
If a company is making export sale and recieves L/c from Buyer, L/c is discount from bank. Also a forward cover is taken.

I want to know the following:

1. How to make treatment of Forward Cover

2.At what value to Recognise The Sale Amount

3. Wheather the settlement of forward cover will have effect on sale value

4 Can we make following entry at the year end for forward cover gain

forward cover recievable dr.
to P&L A/c