Accounts QnA [Resolved]

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HARISH ARORA

This Query has 2 replies

21 December 2007 at 08:58

WHAT IS THE PURPOSE OF US GAAP AND INDIA GAAP

I WANT TO CONFIRM WHAT IS THE PURPOSE OF US GAAP AND INDIA GAAP AND HOW TO USE/IMPLEMENT THESE.

H.ARORA

Kapil

This Query has 2 replies

20 December 2007 at 08:08

Accounting Standard 22

what are the implecation of deferred taxation on financial statment of an enterprise?

Srinivasan K

This Query has 1 replies

18 December 2007 at 14:09

dear all,
i want to know what items are extraordinary items as per indian accounting standards,international financial reporting standards(IFRS)&AS PER U.S GAAP.
LIKE:-Issuing ESOPS to employees,Amalgmation&demerger,Transfer of one Businees unit to other Company.
Are these items are extraordinary items or not , if not tell me some examples

GEETA BHAGWAT

This Query has 3 replies

18 December 2007 at 11:07

PROVISION INTHE BOOKS OF ACCOUNTS

IS IT NECESSARY TO MAKE PROVISION FOR NPA INTEREST IN THE BOOKS OF ACCOUNT OF COMPANY WHOSE TERM LOAN ACCOUNT IS BECOME NPA ,ON THE BASIS STATEMENT OF UNCOLLECTED INTEREST RECEIVED FROM BANK?

Sabir F. Mulla

This Query has 2 replies

17 December 2007 at 11:16

Provision Regarding Non/Slow Moving Inventory

what will be the criteria for making provisions for Non/Slow moving inventory for Finalisation of Accounts. Is there any legal requirement under any law/AS/AAS. Kindly reply ASAP.

With Regards,
Sabir

ghanshyam

This Query has 1 replies

15 December 2007 at 10:41

Excess short provision

Pls Define Excess Short Provision?

thanx
regards
Ghanshyam

pavankumar

This Query has 1 replies

14 December 2007 at 13:16

Cash flow statment

What is difference between cash flow &funds flow statements?

Dasharath Appa Pujari

This Query has 3 replies

10 December 2007 at 16:17

Reimmbursement of exp.

Dear Sir
As one of our Company's Executive Director claim the reimmbursement of exp. incurred on hire of taxi in mumbai but don't get any bill for the same.

I want to know what I have to demand from them as a supportive to the Cash Voucher if they don't produce any relevant evidence of expenditure done.

Sadanand

This Query has 1 replies

10 December 2007 at 10:22

'Put to use ' Certificate

Pls let me know whether Put to use certificate is essential to issue to user department by the accounts head for any addition to fixed assets during the current year.

Praveen Nigam

This Query has 2 replies

06 December 2007 at 15:49

Depreciation

in schedule xiv no where it is mentioned that company has to depreciate its assets upto 95%. then how a company can depreciate its assets upto 95% following schedule xiv rates?