G. K.'s way to Learn - Fund Flow

IPCC 1238 views 5 replies

 

Referring to MY POST, I am hereby starting this thread for PCC/IPCC – Financial Management – Fund Flow

So friends, Lets Start……

Replies (5)

very nice initiative Gaurav...Fund flow is easy so can fetch good marks...just a few suggestions from my side....


do not get confused in the depreciation part where we also have to deal with asset disposal..sometimes we maintain a separate provision fr depreciation a/c too...gets bit tricky...


my suggestion is to make very neat and clear working notes...make separate ledgers like asset a/c, prov. for depreciation a/c, asset disposal a/c...and then post simultaneously in all 3.....


this is applicable fr both cash flow and fund flow.....

thanx sneha..i used that trick in accounts for cash flow..and it worked and also it saved my time in exam ...

expecting more suggestions from ur side :) 

@ sneha n gaurav

..if acc dep balance is also given then we have to prepare fixed assests acc , acc dep n asset disposal

and if only fixed asset balance is given then only FA acc is to be preapred

is this d way to deal depreciation? am i correct?
 

@ rishabh..yes u r ryt...vese sbse bdiya way yahi hai k jitni b items balance sheet me given hain unke account khol lo aur adjustments ki entries post krdo....i will post here soon some tips for solving Fund flow ques as i had posted in cash flow...

@ gaurav I also appy the all account kholo and then posting adjustment entries in P&l adjustment account but i face some problems when balance sheet and income statement is given in the question....can u help me with an example which have balance sheet and income statement with this method only.....i have just registered for ipcc...waiting for reply asap......


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register