WHAT IS THE ACCOUNTING TREATMENT OF CONVERSION CHARGES AND COMMISSION CHARGED BY BANK FOR CONVERTING THE RUPEES INTO DOLLER FOR PURCHASING THE NEW ASSETS FROM OTHER COUNTRY ( IMPORT )

We have taken labours from contractors in our factory and we are paying montly to the contractors towards wages apart from ot and meal expenses to labours..
pl..tell me accounting treatment in books..

Can you explain the process of the sources of funds ( bank loans etc) and the application of funds ( investing & financing activities) of a medium real estate company in India.

Also how they match the bank loan interests with their sales revenue & gestation period of each project.

list the sites providing the tips & tricks of real estate business.

Sam Koshy

Hello,

I am a student of the ICAI.

I would like to know about the precautions to be taken in preparation of CMA Data for a Construction/Power Generation Company/Manufacturing company/High-way Projects,etc.

What is the basis for prepartion of preparing CMA data / Working Capital Management?

What is FORM-I in CMA data?

Form -II is Operational Income.
Form -III Anaylsis of BS.
Form -IV Analysis of Current Assets & Liabilities.
Form - V Funds Flow Statement.

Are there any forms to be enclosed to CMA Data?.

Is there any highly preferred or suggested book/journal from any professional organisation? If so, the name of the Publisher be furnished to my email address:

gvrk_1975@yahoo.co.in

Thannking you

G.V.Rama Krishna

Hi

Can tell anyone how arrive operting costing in Service industry

I want to know the Accounting Treatment of the following case

A public limited unlisted company for the first time adopts the As 15 ( Revised 0 in its book. what should be thje Accounting Treatment in its book

The company follows Calendar year of accounting

How to consolidate the Balance sheet? And what is eleminated entries?
If our one unit is in India & another one is in US. Then how do I consolidate the Balance sheet? There is differance in currancy. Means while the consolidation the cost of $ (Dollar) increases or decreases as compare to the date on which the assets are purchased.

Can anybody help me out.

Can an indian private company change its financial year from april-Mar to Jan-Dec. if yes, what is the procedure to do so?

How to Calculate Exchange Fluctuation on Foreign Currency Account (Ex. EEFC)? As I understand it, rate at which the transactions are made during the year should be compared with the reinstated rate at the beginning of the year and exchange differences should be arrived. At the every year end, it should be reinstated at the closing rate. Am I right? If not, then how?

If the company going to continue its operation in future,follow going concern concept.if going concern concept not followed ?