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Is it mandatory to follow AS by non corporate entity

Accountancy

answered on 13-Mar-23 17:44

Is it mandatory to follow AS by non corporate entity ?

latest answer

If the books are being audited by a CA Full applicability discussed in this video. https://youtu.be/SBz6fh6rFJI

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

1

607

Investment Accounts

Accountancy

answered on 14-Mar-23 10:31

Sir please explain treatment of dividend in short In some questions we taking dividend for opening balance,share purchased or in some questions only for opening bal Like wise we adjusting some dividend in cost

latest answer

Ok sir

Fathima Hamtha Hussaina

Fathima Hamtha Hussaina

CA Final

12K+

2

506

Additional requirements for non corporate entity (msme)

Accountancy

answered on 13-Mar-23 13:08

Meaning of highlighted text

latest answer

Not required

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

627

CFS

Accountancy

answered on 13-Mar-23 10:53

Why dividend given to minority is not added in minority interest but we add dividend of holding company in p and l.

latest answer

Ok sir. Thank you sir

Umayal Lakshmanan

Umayal Lakshmanan

CA Final

6K+

2

523

CFS

Accountancy

answered on 15-Mar-23 16:06

Revaluation is done in the beginning of the year, so why can't we say the whole depreciation is provided. Why we calculate additional depreciation.

latest answer

Oh ok sir. Thank you sir

Umayal Lakshmanan

Umayal Lakshmanan

CA Final

6K+

2

621

70% mocks

Accountancy

answered on 14-Mar-23 17:34

Sir I haven’t received 70% mocks for paper1 Please add it ASAP cause I will be going today to get print of all other mocks. 🙏

latest answer

Thanks for confirming.

Sugam SM

Sugam SM

CA Final

9K+

6

464

Company following AS

Accountancy

answered on 13-Mar-23 12:06

Can a company following AS shift to ind as on voluntary basis although its net worth is less than 250 crore and it is unlisted company?

latest answer

Yes

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

3

476

NOV 22 RTP - AMALGAMATION

Accountancy

answered on 13-Mar-23 19:40

Sir, I find it difficult to understand what is given in the question about goodwill and the goodwill calculation . Please make a video or explain Sir.

latest answer

Sure.

Dhivyaa Latha

Dhivyaa Latha

CA Inter

4K+

1

507

Shares

Accountancy

answered on 11-Mar-23 23:14

If shares are called up & partly paid up in a company then till what time such shares can be kept at partly paid up?

latest answer

Till wounding up

Kamal Kumar

Kamal Kumar

CA Inter

7K+

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459

What is substance over form

Accountancy

answered on 11-Mar-23 14:21

Answer this question

latest answer

Example: Your company has purchased a property but the registration and other legal formalities are pending. Your company has the possession of the property and is using the property. So you will be showing this property as an asset in your balance sheet irrespective of whether or not the legalities are completed. This is substance over form i.e. reality over legality.

Harsh Kumar singh

Harsh Kumar singh

CA Inter

11K+

1

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