Forums
difference between periodic and perpetual inventory system
Accountancy
answered on 26-Jan-21 23:57
why do we say that perpectual inventory system is costlier than periodic system , periodic system requires more employees to physically measure goods
latest answer
Perpetual inventory system uses digital technology to track inventory which is more expensive compared to labour in periodic inventory system. Also, the perpetual system is adopted by large businesses
nisam M
CA Final
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1
686
About course
Others
answered on 26-Jan-21 09:49
Sir when I buy course it was shown 60 days I have buyer on 20 Dec now its showing only 13 days left to me I was writing exams in May 2021
latest answer
May-21 amendments will be provided separately in the course.
Alekhya Gundlapally
CA Foundation
★ 260
3
688
Exam question
Maths & Stats
answered on 29-Jan-21 05:56
Logical Reasoning Odd man out (I can't able to solve the answer) 8,27,64,125,216 Option A)27 B)64 C)125 D)216
latest answer
No. They may scale up marks based on marks secured by all candidates.
Arul Selvan
CA Foundation
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3
640
notes
Strategic Management
answered on 25-Jan-21 16:19
Can anyone share indigo learns strategic management material.its not opening in resources section
latest answer
Ok bro
Laxman kumar
CA Final
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5
726
Suggested answers for nov20
Others
answered on 25-Jan-21 21:33
When will icai releases the suggested answers for nov20 exams
latest answer
Maybe after results... Heard results will be out by February 1st week
baranitharan b
CA Final
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2
914
CMA US OR CMA INDIA
Others
answered on 25-Jan-21 18:36
Which one is better to do along with CA? Can anyone explain me please?
latest answer
You can write exams in your graduation. You will be awarded the qualification after you complete graduation.
Meda Jeevansai
CA Final
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3
752
CIMA Uk
Others
answered on 25-Jan-21 15:58
How to become CIMA UK? What is the process in that? What is the eligibility? What is the fee structure? Does indigo learn provide that course?
latest answer
Ok sir! Try for CMA US also please! Thank you sir!
Meda Jeevansai
CA Final
★ 21K+
3
633
Doubt
Accountancy
answered on 26-Jan-21 14:34
Can any one suggest me how to solve 9 mcq
latest answer
Yes bro
sai t
CA Foundation
★ 2K+
3
546
SA 240 Auditor Responsibility with Fraud
Auditing
answered on 28-Jan-21 13:19
Sir if Fraud value is less than 1 crore is there a need to report to central government sir
latest answer
As per sub-section (12) of section 143 of the Companies Act, 2013, if an auditor of a company in the course of the performance of his duties as auditor, has reason to believe that an offence of fraud involving such amount or amounts as may be prescribed, is being or has been committed in the company by its officers or employees, the auditor shall report the matter to the Central Government. In this regard, Rule 13 of the Companies (Audit and Auditors) Rules, 2014 has been prescribed. Sub-rule (1) of the said rule states that an offence of fraud, which involves or is expected to involve individually an amount of Rs.1 crore or above, is being or has been committed against the company by its officers or employees, the auditor shall report the matter to the Central Government.
M Naresh
CA Final
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3
781
Profit prior to incorporation
Accountancy
answered on 25-Jan-21 18:32
In this chapter, we usually come across cases when a company takes over a firm or a sole proprietorship. What about a company taking over another company? Can there be profit prior to incorporation in this case?
latest answer
That is a case of Merger/Amalgamation. You will learn this in advanced accounting.
Aman Mahajan
CA Final
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1
668