Dear Experts

I am a chartered accountant with post qualification experience of 2 years. I have startered CS executive. I am planning for IFRS certification also. Can experts guide me where to get IFRS certification. I have enquired about IACT academy. They provide coaching as well as certification. Whether it is globally recognised?? or Shall i take coaching from Piron and take certification from ACCA.

Also please help to clarify whether IFRS will be an additive advantage or only CS can be helpful in my career growth.

Do i really need to do IFRS certification in current senerio for career growth

I give a chq to my creditor last year.

But till now my creditors has not show that chq to bank( 6 months passed and balance sheet approved)

But that chq is there as unpresented chq in my tally

Now what will be the adjustment entry.

I cannot delete that entry because balance sheet is approved.

Hi

in the balance sheet on asset side this value is showing :

Cash in hand 114,624.42
Bank Account 4,278,632.43

i want to ask in next financial year wht will be the journal entry and what amount will be written..

Dear experts, My attempt is in May 2015.As u are aware,the syllabus of Financial Reporting covers a brief overview on International Standards.I wish to know whether students are tested on these international standards and whether these standards are to be read in detail?

What r the AS applicable for Nov2015 CA-FINAL exams?

Hello Everybody,

cash withdrawn Rs.2000 from SBI bank.
1.Bill RS.580 towards as stationery expense
2.Bill Rs.580 towards as Tea expense
3.Bill Rs.480 towards as Xerox expense
4.Balance remaining Rs.360 in hand

I want to know what would be the entries for the above transaction and what will be the entry for the balance of Rs.360

Hi Experts.

I'd like to know whether initial cost incurred on Credit cards like plastic cards cost, processing charges, should be capitalised or not.3


According to view of others, it should be capitalised b'coz it is property of Organization & it will entails benefits..


My view is that it mustn't be capitalised


Please reply as soon as possible

what is it and why does it appear on asset side?

Hi

Please can anyone kindly suggest, how should one prepare for accounting standards, if one is not taking coaching classes. Is there a good compilation available by any author. Please suggest, would be very helpful. May 2015 attempt.

Thanks
Ritika

Hi, I am going thru AS-14 and as per pooling interest method any difference between share capital of transferor co. And share issued by transferee co.(including fractional share to whom cash paid) is adjusted in reserve. Does it mean there will not be any goodwill in any case if transaction is termed as merger as per AS-14?