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When difference of opinion arises among engagement partner, engagement team, quality control reviewer engagement team should follow whom and why?
Auditing
answered on 08-May-20 13:42
Options are firms policy and procedures Majority of engagement partners Engagement partner Quality control reviewer
latest answer
Thanks
K.V. Karthik
CA Inter
★ 34K+
2
1K+
Indirect tax
Others
answered on 09-May-20 07:36
Can I buy video now to study for nov.20 it is all amamnedmendt included ....
latest answer
You can buy that is up to you
Nivetharaman Raman
CA Foundation
★ 11K+
6
731
preparation plan for exams
Exams
answered on 08-May-20 14:58
Sir, Due to lockdown many of the students are not able to focus on studies. Kindly suggest us any strategy or study plan to clear this attempt For me,i have to attempt ca ipcc group 2 in august 2020
latest answer
We had done a video on this topic last week. You can find the same in YouTube live section of the app. You can check it out.
Prasanthi Bura
CA Inter
★ 6K+
1
747
Who enjoys more freedom in strategic decision making?
Strategic Management
answered on 10-May-20 07:03
Govt/non govt strategists.
latest answer
In government organisations, a lot of strategy is driven by what the government wants to do.
K.V. Karthik
CA Inter
★ 34K+
3
3K+
Time of supply in case of vouchers
Indirect Taxation
answered on 08-May-20 21:13
In case of non identifiable vouchers for partly use of vouchers Let us assume I have voucher of Rs2000/- with a validity of 1 year which I can use for partly payments. What is the time of supply in such cases?
latest answer
Each transaction of redemption.
sai krishna teja
CA Inter
★ 940
1
705
I have an interesting question on AS 9 for you.
Accountancy
answered on 08-May-20 14:08
Daikin Ltd sold an air conditioner to Mr Y for Rs 57,000 on 01/01/2020. The customer was informed that the AC would be installed on 07/01/2020 and installation fees would cost an extra 1,500 rupees. The customer agreed. Daikin Ltd also got the customer to enter into an AMC with the company for 3 years. The AMC, costing Rs 5,700, promised 1 free of charge maintenance every year for next 3 years. Discuss how should Daikin Ltd account the above figures for year ended 31/03/2020.
latest answer
Sale of AC accounted in for year ended 31/3/20 in full Rs.57,000 as seller has transferred the property in the goods (significant risks and rewards in ownership) to the buyer for a consideration Installation fees accounted for year ended 31/3/20 in full Rs.1,500 under Completed Service Contract Method as rendering of services under a contract (only for installation) is completed. AMC charges Rs.5,700 should be accounted under proportionate completion method, that is spread over the period of AMC. The proportionate amount related to 2019-20 should be accounted for the year ended 31/3/20
Kumarjit Dey
CA Inter
★ 4K+
1
717
Notes
Strategic Management
answered on 07-May-20 19:03
Is the notes provided by you is sufficient for exam perspective? Thanks in advance
latest answer
Yes.
Vishwanath Tadur
CA Inter
★ 2K+
1
770
House property query
Direct Taxation
answered on 10-May-20 09:51
4 houses in one building is considered as one house property or 4 house property ??
latest answer
Considered as one house property
CA Lakshmikiran
CA Inter
★ 0
10
775
Hire purchase
Accountancy
answered on 08-May-20 21:14
In hire purchase, if they gave amounts as instalments , from that we will find INTEREST & PRINCIPAL.. """"But how they I'll fix those instalment amount"""" What is the logic or calculation behind that..??
latest answer
It is a backward calculation. The last payment will include interest and opening principal. Using that logic you can do the computation.
Suryaa Ss
CA Inter
★ 0
1
686
Irr calculation ill4
Financial Management
answered on 09-May-20 00:17
Npv@10%=(80)pvci+pvtci Enable understanding this calculation 1/1.1 and1.1/1.10 on this calculator how to do, give me procedure
latest answer
I got thanks u
Sultana Sultana
CA Inter
★ 245
3
755