Dear Experts,
Very Urgent Sir!!
The assessee is a firm.
This is the first year in which DTA or DTL has to be created.
The timing difference which is capable of reversal during the subsequent period which i have found is only 43B payments which comes around 1 lakhs.

Please explain and tell to me what is the amount i have to debit in P&L account and what is the amount i have to show in the Balance Sheet.

Please provide me the journal entries to record both in the P&L account and Balance Sheet.

Fortunately since this is the first time we are going to create DTA or DTL reversal of earier years and all does not arises.

Expecting the reply and thanks in advance.
Please explain me detailedly and step by step. It would be a great help for me...for everyone who helps me in this urgent situvation.

Is there any book available for Accounting Standards-22 which provides me detailed and step by step approach for practical usage purpose. ( I already have Students Guide to AS - DS Rawat; for my calibre i am unable to have a grip on it.)
With regards,
Rajesh.

can any one give the feedback for IFRS course conducted by IFRS. pls guide me. i m interested to join it. I want to know how is the speaker , curiculam etc. If some bod y has already done it from ICAI

Can anybody provide me the format along with complete details of product costing . i will be very thankful for that .

Hi

Our manufacturing plant is under construction. For getting all registrations and all statutory clearances we are spending thousands of money as a bribe.

My query is how we can account this type expenditure with out any further problems from IT side.

Sir,

Do Help....

I have covered AS s 1-29 ( excluding Limited Revisions resulting frm AS 30,31 and 32) .Please help me find very concise notes for AS 30,31 and 32 and limited revisions resulting therefrom...Don't have time to dig deep....These I understand would form a chunk of our Exam Q s as applicable to us 4 1st time....





Please Help....

Kindly comment upon:
intrinsic value and
extrinsic value of shares

hi experts,
one of my client has started his new manufacturing unit... now first balance sheet and P& L is to be audited....

the situation is GP can be calculated only after calculating Closing Stock. and Closing Stock (R.M.+Finished stock + Semi finished stock)can be calculated only after deriving Gross profit due to having some extent of G.P. in Finished and Semi Finished Stock..

i.e. G.P = Sales + Cl. Stock - op. Stock
- Production - direct expenses.

my ques. is how will it calculate it gross profit....

plz. tell me as soon as possible.

What is the meaning of CMA REPORT,on what basis is it prepared &why is it presented with financial institution?

Dear Sir/Madam,

Can any one send me format of Profit & Loss Account and Balance Sheet in vertical format (in excels sheet)

my email address is:- shrishail.umaranikar@rediffmail.com

Hello
Experts
please guide me for the following

I have a query that one of the firm dealing in shares and security transfer its part of the stock of shares from stock in trade to investment. what is the accounting treatment whether it is consider as sales.
And what is the treatment from taxation point of view.

Please guide

Thanks