I am looking for new Accounting standards based on IFRS.

while preparing the final accounts of companies,it is given that the 'estimated liability for gratuity at present is 211000'
should any provision be provided for the same?

Please tell me How to calculate Bank Dp for cc limit. Is there any file? kindly send me

Can anyone please explain what is meant by Share Options Outstanding Account in relation to Reserve And Surplus?

MY CLINET IS AUTHORISED AGNET OF TRAVEL AGNECIES.

HOW BOOK HIS INCOME AS COMMISSION OR SALES /PURCHASE ?

Illustration 1
Mr. X set up a new factory in the backward area and purchased plant for Rs. 500 lakhs for the
purpose. Purchases were entitled for the CENVAT credit of Rs. 10 lakhs and also Government
agreed to extend the 25% subsidy for backward area development. Determine the depreciable
value for the asset.
Solution
Particulars Rs.(in lakhs)
Cost of the plant 500
Less: CENVAT 10
490
Less: Subsidy 98
Depreciable Value 392

What should be the entry for following cases-
1.Credit note issued to customer
2.Provision for credit note

Please reply.

sir,
in amalgamation, i had seen in various places P/L a/c is debited and credited(when difference between asset and liabilities taken over, amount paid to such helpers etc.) is it correct. i have studied that P/L a/c only contains nominal account. pls give me an answer

The company sold some old machine for 1 crore.The details of the cost of the machinery are not available since the entire recording relating to fixed assets has been destroyed in earthquake.

hey I wanna know that if I clear my ICWAI after passing through foundation and intermediate stage then is it mean that I hv clear my graduation too??
or Can I apply for the professional courses like MBA?