Forums
Consolidated financial statement
Accountancy
answered on 22-Aug-20 21:21
In this below question, i cant understand point c. Can u please explain
latest answer
That TRADE RECEIVABLES of 891000=99% I.e.,after deducting 1% as provision for doubtful debts. So the 100% balance will be 900000. Consider this value as to follow uniform accounting principles in light of A Ltd.
Gomathi K
CA Final
★ 40K+
1
716
UDIN for Declaration
Exams
answered on 23-Aug-20 12:15
Is UDIN is required for declaration attached with CA final Exam application?
latest answer
Ok... Thank you sir for responding ð???
Bhakti Chauhan
CA Final
★ 290
2
710
TERM
Auditing
answered on 24-Aug-20 17:57
when a firm is appointed as an auditor as per sec 139 the term is 2terms of five consecutive years,, that means the auditor has an option to retire after 1st term and be the any other year for 5consecutive years, is that so?
latest answer
If all are satisfied then he can be auditor
Satya Shashank
CA Inter
★ 13K+
7
683
Doubt related to GST
Indirect Taxation
answered on 23-Aug-20 21:05
How does a supplier pay GST on advance received in case of supply of services if invoice is not issued for the advance received ?
latest answer
Ok tq
Harsh Gupta
CA Inter
★ 6K+
2
618
Individual modules
Others
answered on 22-Aug-20 12:50
Is this last flash sale of individual modules for Nov 20 attempt? And is there any web access for individual modules?
latest answer
Yes
lakshmi kollipara
CA Inter
★ 1K+
3
669
Banking companies
Accountancy
answered on 24-Aug-20 23:41
Schedule 9 Advances While calculating advances in case government gurantees we considered secured portion But in case of cash credit we considered only unsecured portion Why?
latest answer
In the total advances of 2150, 20% of a certain amount (cash credit) is to be provided for 100% as it is unsecured. 60% of term loan has guarantee and the balance is secured by tangible assets.(This is the balancing figure)
Gomathi K
CA Final
★ 40K+
2
677
Common
Costing
answered on 21-Aug-20 19:33
Are the module sums and concepts enough to cover the entire syllabus?... Does it cover the material exhaustively?... Very concerned because I am thorough with whatever has been taught in the modules whilst taking notes, that I don't have time to go through the icai material. Please reply
latest answer
You should read the notes of Indigo learn and RTP and mtp of previous attempts no need to study icai material ,Indigo notes covers all aspects of icai material
Shivasubbramaniam Arumugam
CA Final
★ 5K+
1
717
Negotiable instruments
Corporate & Other Laws
answered on 22-Aug-20 10:54
In video no 23 in the example the endorsement is forged rite. So doesn't that make the instrument to become a nullity. So making that endorsement invalid. Then how can Mr. Y become holder in due course? As the law states holder in due course receives no title when there is enitr absence of title as in case of forgery
latest answer
K thax
Swathi Krishna
CA Final
★ 8K+
2
621
Regarding Signature on Application Forms
Others
answered on 21-Aug-20 11:21
My declaration certificate was signed by a CA but due to pandemic, He is not able to sign my application which is to be send to ICAI Bhawan.Can I get signature from another CA.Please reply as soon as possible.
latest answer
Thank you so much
Swetha S
CA Inter
★ 15K+
2
623
NPO
Corporate & Other Laws
answered on 21-Aug-20 14:21
NPO being an artificial person Can, t contravenes any of its condition . Corporate veil also tells us Company is not liable for any wrong act . Tell Me . In npo if conditions is contraviened .1. WHAT LEGAL PROVISION LAW HAS PROVIDED . 2. Why is company, s license revoked because act has been carried by member . .?
latest answer
Doctrine of Corporate veils states that company will be held liable as a whole and not it's members. However, in case of fraud, government can Pierce the corporate veils and punish the people behind the fraud. That's why, generally, unless any fraud is proved, if license conditions are not satisfied by a section 8 company or it's members/directors, the company shall be wound up/amalgamated & licence will be cancelled.
Zeeyan KOKA
CA Foundation
★ 3K+
1
614