I want to know whether the disclosure of accounting standard is
mandatory,
optional or
subjected to the regulations and pronouncements
(A)i am having reliance annual report which show cashprofit i try to calculate my self but i am unable to come on right answer pls let me know how calculate cash profit & its exact defination.
(B) WHAT IS NETWORTH HOW CALCULATE IT.
Please let me know the the concept of construction accounting in both form as a developer how to keep accounting & as a contractor how to keep accounting
Can anyone please provide me the new provisions of AS 11? What is the procedure to apply the same on the companies???
We have recently sold out our company's fixed assets like furniture & vehcile.... can anybody help me what could be the accounting process for it?
What will be the entry if i Paid advance(in cash) to my peon for Expenses
Preliminary Expenses are Miscellaneous Assets they can not be said as Deffered Revenue Expenditure as no revenue is generated by the expense in any subsequent period then why do we w/off them yearly in accounts of a company (are they really considered as Deferred Revenue expenditure or they are w/off as it is provided that assessee can w/off them in the Income TAx act)
A Club, engaged in maintaining a restaurant in it, is providing free meals to its staffs. They are accounting the expenses in normal purchases. How to show the free meals provided to staff in accounts without ascertaining the particular purchases amount and through journal entry???
Dear Sir/Madam,
What are the taxes (e.g. Service tax, VAT, WCT, TDS etc.) applicable to a civil & interior decorator and how (tax break-up).
Two contractors (both civil and interior decoration) are carrying out their works at my office.
We are situated at Chennai, Tamilnadu
Total cost for the civil contractor is Rs.1,00,000/-
Total cost for the Interior Decorator is Rs.8,00,000/-
What type of taxes will apply to the above vendors? If the contractor provides relevant registration, the particular tax will be exempted.
I am not an accountant but for my job I need to know the procedure and calculations.
Pl. help me with some examples.
With regards
MadhuSudan
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Accounting standard disclosure