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Accountancy

answered on 14-Jul-21 11:41

Is change in depreciation from slm to wdv is accounting policy or change in accounting estimate? Mention reason also if possible

latest answer

Change in depreciation method is not a change in accounting policy rather it is a change in accounting estimate. Change in accounting policy only occurs if rules of either recognition, measurement or presentation of line item are changed. Change in depreciation method changes neither of these. Therefore, it is a change in accounting estimate.

Surya Prakash

Surya Prakash

CA Final

19K+

9

1K+

Why can't fitting trend method be applied for short term forecasts?

Economics

answered on 14-Jul-21 11:00

Why can't fitting trend method be applied for short term forecasts?

latest answer

There are many factors that impact Demand in ST and we will not be able to see a trend - trends are usually seen over long term

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

3

519

Director

Corporate & Other Laws

answered on 14-Jul-21 13:31

If the director is entitled as a manager under the company. Can, the company take an employee from the director board. And he is in the role of also a managing director. Any provision in the law for as an employee?

latest answer

Ok Ji.

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

2

527

Adv acc- BANKING CO

Accountancy

answered on 14-Jul-21 11:47

How they use 23% , what rate that is, why they calculated??

latest answer

CRR + SLR

Sathiya Bama

Sathiya Bama

CA Final

24K+

3

641

ADV ACC - BUYBACK

Accountancy

answered on 13-Jul-21 21:55

Why they did not transfer 500 ( in thousands)to crr , to the extend of nominal value of equity share capital??

latest answer

Thank u sir !

Sathiya Bama

Sathiya Bama

CA Final

24K+

4

531

Audit

Auditing

answered on 13-Jul-21 20:50

What is corresponding figures approach and comparative financial statement approach??? Plz explain in simple language

latest answer

Auditor for giving the opinion

Sai Teja

Sai Teja

CA Final

14K+

4

521

Doubt

Corporate & Other Laws

answered on 14-Jul-21 12:08

Why athletic competition is valid because prize money will be more than thousand example :cricket and badminton according to prize competition act 1955 prize money should not exceed 1,000 why they are not wager can any one clarify

latest answer

Ok sir thank you

sai t

sai t

CA Foundation

2K+

2

562

What is fci

Economics

answered on 13-Jul-21 17:25

What are the options

latest answer

https://acronyms.thefreedictionary.com/FCI

MATURU HAMSA GAYATRI

MATURU HAMSA GAYATRI

CA Final

23K+

1

599

206CCA & 206AB

Direct Taxation

answered on 15-Jul-21 00:10

The due date specified in these is the 1st due date or belated filing date, ie.31st March.?

latest answer

Ok

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

11

611

Reappointment of Auditiors

Corporate & Other Laws

answered on 13-Jul-21 15:44

Does the point (d) also mean, if an individual auditor's term has been expired, so we cannot reappoint the firm he is a part of

latest answer

Doubt clarified

TarunGopi Katragadda

TarunGopi Katragadda

CA Inter

135

1

599