Can any one provide me the list of Indian Companies preparing financial statements in accordance with IFRS and the link for their annual reports?
We have old assets being depreciated at WDV in Financial Books. Now We want to buy Assets 9 Plant & Machinery ) and depreciate them at SLM.
1.Is both method allowed?
2.If Allowed what is the procedure?
3.What disclosures are required?
If director purchase a mobile phone and paid the amount from company can we treat that mobile is company asset?
and same case in employee
hello all
plz send me reply
what is gaap
what are the principle in it plz explain it
widely with example if possible
thanks
I want to know that is it possible that we can do posting in ledgers without journalising it on paper as well as in mind ........i mean tio say that is it necessary to either think or to write journal entries while posting in ledger?
can we do posting in ledger with raw data without jounalising it especially in case of companies.......?
If we open securities premium a/c , share discount a/c , calls in areears a/c , share application a/c , share allotment a/c and calls a/c in ledger than it is necessary to pass jounal entries and if we do direct posting than is there any chances for mistakes?
I tried .i am able to know when will the account will be debited or credited but not able to know the opposite account without the help of journal entries ..........
please reply
tell me the best book for advanced financial accounting paper of ICWAI inter 2002 syllabus?
hi,
Where an asset has reached its residual value of 5% under SLM and the company is still using that asset and keeping this asset at residual value of 5% in their FA register but it claims depreciation under WDV for tax purpose.
Whether the difference in taxable income and accounting income on account of depreciation charged in IT Act and no depreciatoin charged in Co Act will be timing difference or permanent difference??
hi friends,
presently we are using focus 5.5 software for inventory and stores Mngt and now we are going to upgrade it focus 6.0 version and bought for Rs.55000
hence is it revenue exp or Capital
plz suggest me
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IFRS