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answered on 20-Aug-22 11:48

Sir if a student clears ca inter both groups in nov 2022 will he be eligible to do articleship under new scheme ??? ie 2 years of articleship

latest answer

Does not look like.

nisam M

nisam M

CA Final

23K+

7

527

Suggested answers

Exams

answered on 18-Aug-22 19:51

Could I get June 22 ca foundation exam suggested answers for all subject..

latest answer

Release the ans. Once the notification came from the icai

Dhanu Shree

Dhanu Shree

CA Inter

0

4

1K+

AS 22

Accountancy

answered on 18-Aug-22 14:00

For yr 20x3 why deferred tax liability is nil.?..it would've been 70k right?..why is it so?

latest answer

Because the differences have been reversed.

Sri Yoga Vishwa. P

Sri Yoga Vishwa. P

CA Final

2K+

1

405

#14 Question for the day

Costing

answered on 18-Aug-22 21:30

Please solve the question on paper as in exam and post it before 8pm today. Practice is the first step for success

latest answer

Answer

Sudha Reddy

Sudha Reddy

CA Final

20K+

5

689

Cash flow statements

Accountancy

answered on 19-Aug-22 23:39

Why should we deduct decrease in inventory from operating profit ?

latest answer

Do seperate forum post for quick response

Jitendra Kumar

Jitendra Kumar

CA Final

41K+

11

471

Rotation of auditors

Auditing

answered on 18-Aug-22 15:30

if a firm is applicable u/s 139(2) for rotation in 1st AGM, it shall be appointed as auditor of a company for 2 terms of 5 consecutive years. What if such a firm lost applicability u/s 139(2) in 6 th AGM? Will it be immediately disqualified as an auditor of the company? Please any one solve my query.....

latest answer

At any time if they fall under disqualification then they are deemed to be vacate the office and BOD will appoint the auditor till next AGM

Naveen Kumar

Naveen Kumar

CA Final

3K+

3

451

Verification result

Exams

answered on 18-Aug-22 09:49

When can we expect the verification result of ca inter?can anyone please tell

latest answer

Ok sir thank you

Anirudh gupta

Anirudh gupta

CA Inter

27K+

2

464

Amalgamation

Accountancy

answered on 18-Aug-22 08:40

Why the non trading income was deducted from total assets while computing capital employed?

latest answer

Tq

Sajeetha R

Sajeetha R

CA Final

46K+

2

430

CARO

Auditing

answered on 18-Aug-22 09:46

In CARO Applicability, as there is Expemtion for Small Companies, why has the Lawmakers Placed Private Companies Conditions as Most Companies will be Exempt under Small Companies and no need for Private Companies Conditions. Kindly Explain with Example where Private Companies rules is used.

latest answer

Thank you so much for clarifying sir!!!

Vijay adithya

Vijay adithya

CA Inter

5K+

6

664

Capital and revenue

Accountancy

answered on 19-Aug-22 23:04

Sir in one of the examples you said that friend took our bike and damaged and some expenses incurred and it is revenue expenditure .. not capital expenditure. But I am thinking it is capital expenditure bcoz new parts we are adding repairing to it so benefit comes over the period of time so it is capital expenditure right? Plz clear this point..

latest answer

Capital expenditure is the money spent by a firm to acquire assets or to improve the quality of existing ones. Revenue expenditure is the money spent by business entities to maintain their everyday operations. Capital expenses are incurred for the long-term.

Anil Raj

Anil Raj

CA Foundation

580

5

406