Dear Learned Members, One of our registered office is located in Hong Kong and its subsidiary is in Indonesia (Honkong being investing company in Indonesia company) now while closing the books of accounts they want us to consolidate the financials and present for the subsidary and Corporate office. Since these two are under different currencies please guide how to consolidate and take it in one currency. Thanks

if we install a new RAM in computer , then it should be treated as capital exp or revenue exp.????
and if we pay installation charges then what should be the treatment..???

HUF

one of my client's asset worth 150000 (book value 100000) was damaged by a creditor by accident and also reimbursed an amount of 60000 and actual repairs incurred for us were case1.40000 case2.90000 case3.can't repair, totally damaged. what are the accounting entries to made in books of accounts in there three cases thank you

mai bohot confuse hun ki ipcc k both group ek sath karu ya phir alag alag please, sahi decision lene me meri help karen

i have cleared my cpt exam....i want to know that...can i give CA final exam after getting ATC certificate.....plz tell me.

can any1 explain me hw to find value of ln 1.0375. ans is 0.036814.. and ln 1.066 0.0647.. I m nt geting hw to find this values...

DEAR SIR

A VOUCHER OF RS

DT 31/05/2011

PRINTING & STATIONARY DR 12000
TO IMPREST A/C CR 12000


NOW IN MAY 2013 THE ABOVE VOUCHER CHANGE BY MISTAKE

DT 31/05/2011

PRINTING & STATIONARY DR 12000
TO CASH 12000

NOW ITS DIFFRENCE IN BALANCE SHEET IN CASH IN HAND & IMPREST A/C 11-12

NOW HOW WE CAN DO RECTIFY THIS MISTAKE

THANKS & REGARDS

VIPIN KUMAR SHARMA

sir/madam I am a student of ipcc Group 2.. recently I Have received students journal january 2014 issue..on page 15-16 of the journal there is a note regarding NON APPLICABILITY OF INDIAN ACCOUNTING STANDARDS FOR MAY,2014 exams...it has also quoted that MCA has hosted on its website 35 indian AS without announcing their applicability date...in our course their are 9 AS I want to make sure that they are non applicable for may 2014 exam...Please reply thanks

why CA students are job oriented? we are known to be doctor's of business so why don't we commence new business as we got enough knowledge of most of the aspect?