Sir,
In a Company in F.Y. 2010-11 Total Closing Stock is less than 50 Crore and in F.Y. 2011-12 Closing Stock is 100 Crore, I want to know that in F.Y. 2011-12 We have done valuation of closing stock at market Price or application of Accounting standard-2.
Please Reply my query.
Thanks

I wanted to know that if a company's balance sheet is being finalized for the first time i.e.,PY 2011-12 then is it mandatory to file form 23B even though the first A.G.M. is still to be held????

Hi Friends,

What is the Dep.rate on Leasehold Improvement & Leasehold Land.

and also,

Is computer Software treated as Intangible Assets or in the head of Computer.

if it is treated as intangible assets then what is the Dep Rate as per companies Act on SLM & WDV Method

Thanks in Advance

I am a ipcc student . Can anyone suggest me how to prepare for accounts and auditing as well as fm Thank you

Dear Sir,

Please guide me about the aboce mentioned subject regarding Schedule VIII for Receipt and Payment Account. How to make up this schedule and which details fill.

How is Joint audit different from Branch Audit?

I am a practicing CA in Thane, Maharashtra. I started full time practice in this April. I need to know if I am eligible to accept statutory audit of co operative housing society. I have heard that one needs to complete some certificate course/ seminar on audits of co operative societies to be eligible for accepting the audit of any co-op society. Is it correct? If yes, then when are these seminars scheduled?

Dear all,

Is Internal audit compulsory for government institute like ISI, IIT, IIM or any other.
'what are the provision regarding this ..
Kindly request you to provide the answer with suitable of section of the relevant act

i want the accounting entry of interest accrued due and interest accrued but not
due in term loan and f.d?

FOR EXAMPLE -
MY PARTY HAVE 50 LAKH SALES TURNOVER ,GP IS 8.73 , NP IS 3.67 , NOW QUESTION IS FOR IT AUDIT ? QUESTION IS FOR ITR 4 OR ITR 4S ? QUERY IS PARTY LIABLE FOR AUDIT OR NOT ? WHICH RETURN IS FILE BY PARTY ? IS PARTY LIABLE FOR ACCOUNT U/S. 44AA OR 44AB ? IS PARTY LIABLE FOR 44AD ?