dear members
Kindly let me know the best chapters among 8 chapters in India that offers best coaching in India.
also suggest me the course contents and way to score more marks in the 6 subjects

Plz do rply.

My company was having certain old expense provisions in the books in the year 2008, during the audit of 2009 (calender year), reversed the provisions as it is.
But during the financial year audit for 2009-10, decided to reinstate those provision and show it as other income, since during assesment there would be a problem in justifying the low expenses.
What are the implications, is the company justified

A company has got n ERP system insalled.

Agreement with vendor says that it will provide Implementation services.

And, it will also provide Support Services after the said system goes live.

Now, I am acceptable to capitalising Implementation Cost.

But, I am of the view that cost of Support Services should not be capitalised, since, even with support services, the asset is ready for use.

However, Support Services are of essential nature without which running the software becomes very difficult for the company.

Kindly advise as to whether Support Services should be capitalised??

Give reasons as well.

how to work out value of closing finished stock at the time of finalisation.PRACTICALLY we know mkt price but how to compute cost price whn diffrent raw material is using to produce product & this different raw material having diffrent quantity units i.e some in kgs ,mt,liters for same product.

thanx

Hi,
I work as a freelancer for few US and UK clients. I will get the payment via paypal. I don't have any employers.
Should i register as a company or is there any other option to register as a freelancer in india? If yes,can anyone pls let me know - how to proceed further?
Like,where can i get the applications(online)?
And,what will be the total cost(apprx) to do the registration?
Thanks in advance.....

Dear sir/seniors

Can u plz suggest me the impact of a board meeting in the said case

1. The name of the director appears on board meeting but the same director at the same time was out of india.
Actually in most of the small companies board meetings are conducted in a paper only no actual BM conducts by them.
I came across the situation where i found that one of their directors name appeared in the board meeting but the same director was out of india.
As a auditor what is my responsibility under-
1. CARO
2. Cos Act
3. SEBI
4. any other statute/act

your answers must be supported with evidence with reference to act

hello sir,
i am umesh aswani , student of ipcc , i cleared my first group of ipcc in nov 09. & now my second group in may 10 please friend help me about new sa & revised sa are issued by icai are applicable for may10 or not . because i collect all new & revised SA from internet . so i can refer or not is in exam which SA applicable

How to check drawings power during audit of client? Pls suggest

Hi, I am doing audit of one Trust employing more than 100 employees. The said trust is also employing on contract basis who include retired Govt. Employees etc. whether, Provident Fund Act is applicable to contract employees or not & if possible kindly quote the reference section of the respective act. The said client trust is deducting PF of its regular employees but not of employees on contractual basis.

CA. Lahoti, Pune

for a garment based pvt ltd co., what are all the main areas to be covered for internal audit?