Dear Experts,

I need your valuable suggestions regarding IFRS. I am working in a PVT LTD Co. in Accounts.
I am planing to go for IFRS but confused whether this will help me because the Implementation of IFRS in India is still unclear.
Since 2009 most of the students completed IFRS but not many got opportunity to work in IFRS and not many got advantage/appreciation in their jobs for doing IFRS.

Also, If you won't suggest IFRS now then should I go for CIMA.

Best Regards

Why is leasehold land depreciated?

Need help in solving the sum.

Click the link to access the PDF file

https://drive.google.com/file/d/0BzZ3bA7DBBa0TUYxUm5OaVpVWXc/edit?usp=sharing

ABC Pvt. Ltd. is a construction company engaged in business of construction of roads and other government contracts. I want to know whether cost of diesel and oil and repairs, in vehicles engaged in making road and shifting of goods from various sites and plant, would be direct cost or indirect cost??? Since it is a construction company vehicles and machines required for constructing road and shifting material to various sites from plant requires higher use of vehicles. so cost of diesel, oils and other repairs is very high as compared to other industry. please tell me these cost would be direct or indirect??? thanks

WHAT IS THE MEANING OF CTC AND WHY THE EMPLOYER REDUCE HIS EMPLOYEE CTC. WHAT IS THE CALCULATION. FOT IT.

Hi
Friends
Example :Mr.X is invested in ABC Company the company is closed but the company not paid any shares amount to Mr.X .

Then how Mr.X can close in his books by passing Journal entry .

We Purchased Assets for Branch in USA when $ rate was Rs 40 But, Now $ rate was Rs 60/- So, when we are incorporating Translation Loss with HO A/c It is affecting HO profit & Loss.
How to come over of this pls refer supported by case Laws ?

WHAT ARE THE REASON TO PREPARE TRAL BALANCE.
WHAT ARE THE FUNCTION OF TRAL BALANCE

why fictitious assets are written off at the time of amalgamation??

A Pvt Ltd Co. has not recorded a bill in the preceeding Financial Years on which VAT is levied. But the Co. has made the payment to creditors on 06/01/2014 through cheque. We are Builders & Developers eligible for Composite Scheme on MVAT.i.e. we are not claiming Input Tax Credit.

CAN A PVT. LTD. RECORD THE PURCHASE BILL OF PRECEEDING YEARS IN THE FINANCIAL YEAR 2013-14 ??