I am a ca final student who did appear in nov...i prepared only for my 1st grp but did also sit for d 2nd grp...i did my articleship frm a small firm where i was made to do only data entry nd vouching so i have little or no knowlege abt practicl audit nd taxation matters...aftr my xams i got an opportunity to work in a big firm...but i m bit worried as i have little or no knowlege in practical audit work nd since i didnt prepare for my 2nd grp so my tax knowlege is not tht sound...plz suggest whethr i shud join this firm or not...plz do suggest...thanks

What is the difference between Insurance and Prepaid Insurance???

I am pursuing CWA finals, after finals I'd like to do CIMA..I wana know how will be my career if I choose CIMA, is this right option ? and how will be opportunity levels ones I complete CIMA in India and abroad. .

hii!! i m a Account Assistant. following is my queery
As per the TDS Rule, i Stared to Deduct TDS on advance Paymnet Basis . i deduct TDS 2% as it is contractor & he has told that hi has firm PAN Card . but when i received a Bill the PAN no. is of Client Name(individuals) & not the Co. Name. in this situation shall i continue to Deduct 2% TDS or else 1%

want to knw about escrow a/c ...wht is this and its use

what is scope of work to be know by internal audit team to get carryon with client companies before commencing internal audit..

Dear Experts,

Please let me know whether FDR would be under group " Cash & Cash Equivalents" as per Revised Schedule VI.

Does it make any difference if such FDR are kept as marigin money or any other type of security against borrowings from BANKs

if i purchase the building with land and the agreement shown one value. there is no seperate amount shown in agreememt for land and building. in that case how depreciation will be calculated.

My query is relating to depreciation on building..

Depreciation is measurement of loss of reduction in value of depreciable asset aris due to passage of time ,use and technologies change in market.

We depreciate the asset due to reduce its value by time to time .But how can we say that building is depreciable asset ? As it has always appreciation in value by time to time .Its value will increase in future at market.So why we charge depreciation on building ?

co. has formd in 2008 and no roc returns has been filed yet...but whn crosschckd on mca portal it shows last 2 yrs returns r pending and showin as company is active in dat case.... only 2 yrs returns can b filed wherein major issue is appointment of auditor...as in d CA who has been askd to audit d co has recvd his COP last year... plz suggest wat can b done and wat shld b d procedure to appoint auditor n whom?