Actually , i have not received my main course book for Cost accounting and FM from ICAI. and my coaching institute has started teachin Costing ( Budgetary control rite now). Without any theoritical knowledge, it's difficult to solve problems.
Cud u suggest me book on costings which i cud use rite now and that wud be useful even after i get the main book

As for CA MIT, i am having problem finding them. Literally, i have met with many and have sent my CVs to severals; but most of them tell either
a) My quota is full.
b) You are not BCom pass or r not doing BCom (Inspite of the fact which i am telling them that i am planning to join BCom from Ignou for CA next year coz the last date for joining that by CPT clearants was months ago and i passed CPT of November)

Each among them claim to see many of CPT clearants coming to their office and weep in front of them saying that they have ran around the city but have not found any MIT. One of the CA even told me thaT he is entitled to have only 7-10 articles; out of which
2-3 are from his relatives family; and they are acting as dummy articles. I am really dejected and desperate coz i sacrificed my scholaship
interview for Embassy of India 's BBA programme at Symbiosis and Bangalore uni for this; and have travelled thousands of KM just to go thru all this hardship for nothing; to make the matters worst; i wont get any book from ICAI till i am registered; and without theory how shall i understand efficiently and properly all the numericals of costing(thank god, they are teaching only one subject right now ie COSTING for the first month being).

have i made yet another grave mistake in my life; which would prove fatal to my career. I should have realised that getting the opportunity to study chartered Accountancy is more TOUGH than clearing the examinations. HAS chartered accountancy STUDY HAS BECOME THE RIGHT OF ONLY THE PRIVILEGED ONES ie who has relatives in CA firms or who are really very influential. And the rest of the students who want to be CAs in future AND THAT WITHOUT BEING "DUMMY aRTICLES"; Iit's time we started looking for other subjects; may be i should enrol myself to any SCience subjects like BSC,BE,BTECH



PS: When we have passed CA; what's the use of bcom.. i dont understand why the MIT are using this thing with me, just an excuse to reject me? Is BCOM from ignou not enough

I wanted to know the date of return for GVAT

Hi,

we are facing a problem in ETDSreturn filing.

Is it possible to file the return by ourself?
what we need to do for the same?

Please help me in this regard

Thank you

i have been trying lot to find the correct way of accountin futures & options entry .. still didnt find the standard accounting entry ..

So pls request you people to hep me in this regard.

Even i want what entry to be passed in tally for ipo allotment ...

Can anyone please let me know the following about hedging of receivables ?

1) Hedging process:
( including practical aspects like forms / challans involved, declarations ,if any, to be given ,who and how the rate of exchange rate at future date determined etc.)

2) Costs involved (the basis on which such costs are calculated)

3) Accounting entries involved.

4)Disclosures,if any, to be made.

Thanks .

Anil.

Hi All,
I'm doing CWA(Inter) & appeared in Dec 2007 Exam but I'll not get success due to poor performance.
As u know the syllabus has been revised so,
I want to know that the course will remain same for me as in Dec 2007 or i have to give exam according to new syllabus. Please help

Example: A member has 20 public companies and 10 Private companies which is subsidiary of public company but functioning with constitution as private company. Can he beconme statutory auditor of 30 above companies?

my question is that whether private which is a subsidiary of public should be considered as public or private for calculating limit

Private company subsidiary of public company satisfying conditions stated in Section 3(1) of companies Act and has not converted itself into a public company.

My orgainistion is registered under society's Act and non-profit oriented and receives govt.grants. The govt.has given land free of cost. The members of the society are nominated by Govt. Recently the Accountant General personnel conducted audit of our accounts. The pointed out that :

1. The land has to be valued at market price and shown in the books of accounts where as we assigned Rs.1 value as it is given free of cost.

2. Similarly two buses were given by one of the PSU free of cost and shown At Rs.1 in the books where as they wanted to show at depreciated value from the date of purchase.
Please clarify.

A person is an employee in 3 company and is in receipt of transport allowance of Rs 800/- per month from each company.In this case can he claim exemtion of Rs 800/- from each of such company.