REQUESTING GUIDANCE REGARDING REGULAR CLASSES

IPCC 578 views 2 replies

gokullnath

CA-IPCC student

69 Points Posted on 20 May 2010

sir

I am a IPCC student going to appear in nov2010 exam

my query :

I am unable to attend regular class

REASON

I am in a interior village
Financial constraint

but i have one recommended text book for all the subjects, even though I have the confidence to

complete the exam successfully (I am a B.com graduate, I know the basics of all subject),

My friends and persons who know about CA course are telling you cannot complete CA without class.

Can one study on own and get through the exams?

please reply

thanking you

R.gokullnath

Replies (2)

Narayanan

Chartered Accountant

189 Points Posted on 20 May 2010

Dear Vinesh,

The first year loss will not be included in the calculation. It is an abnormal loss which can be inferred becos of the profits of other years... Similar problems in compilation have also treated the loss in the same way...

Vinesh Ahuja

COP

42 Points Posted on 20 May 2010

Thanx Narayan for the reply..

But in such type of sums there is given some addl information...

For eg, company has loss in first year and from second year onwards there is profits because company has secured new order or set up or constructed new factory which has contributed substantially to the profits of the company..

And in the problem which was asked, nothing has been specified like that.

So why one should treat that it is because of abnormality..

Loss occurs even during normal situations also because of various factors..

its just i feel..

Regards