Forums
Esop options invested
Accountancy
answered on 04-Oct-22 12:37
By this accounting Since from 2yrs we are reconginzing & showing employee stock option outstanding acc in shareholder funds under reserves n surplus more (i.e, for 1000 shares)and after options invested excess recongized is transfer to general reserve (300shares ) so that liabilities are reconging for more value in 1st 2 yrs ..is it true n fair view recongizition and measurement..
latest answer
No. The best treatment is to transfer the balance to General Reserve at the end.
prasad B
CA Final
★ 3K+
4
546
usage of abbreviation
Accountancy
answered on 29-Sep-22 23:15
Can we use DRR or deb as short forms by mentioning once in full form and mention abbreviation in bracket then continue abbreviation in subsequent part of answer
latest answer
Yes exactly Or else give at beginning mentioning as note
Sugam SM
CA Final
★ 9K+
5
402
Trick to remember tier 1,2,3 banking
Accountancy
answered on 04-Oct-22 12:36
Does anybody has any trick to remember what is part of tier 1,2,3 capital ..plz share if anybody has it
latest answer
Just need to revise/practice questions.
Gauri Shete
CA Final
★ 5K+
3
355
Analysis of profit
Accountancy
answered on 29-Sep-22 19:45
Can anyone please show me the analysis of profit for this sum?
latest answer
Thank you so much
Abishek Narain
CA Inter
★ 10
3
473
Is renovation capital expenditure??
Accountancy
answered on 30-Sep-22 15:58
Is firm's building renovation is capital expenditure ??
latest answer
It depends on case to case basis. Normally - Existing interiors will be recognised and new interiors would be recognised as asset.
Atharv Sankliya
CA Final
★ 3K+
5
570
Accounting standards
Accountancy
answered on 29-Sep-22 20:06
Which AS deals with asset held for sale?
latest answer
Yes sir. Maybe this is too early to jump into such complex things ð???.
Yug Bhattad
CA Final
★ 63K+
7
361
As 2
Accountancy
answered on 29-Sep-22 16:34
Why here 4700 took?
latest answer
Yes, 50 is abnormal loss and the cost of abnormal cost should not be included in cost of inventories, they should be separately treated as a loss.
Fathima _
CA Inter
★ 2K+
3
371
Depreciation
Accountancy
answered on 27-Oct-22 13:48
Why do we add back depreciation in cash flow in indirect method
latest answer
we are trying to find out the cash flow from operations with profit as a starting point. In order to find out the profit, we already deducted depreciation therefore because of depreciation my profit is decreasing but not my cash flow. in order to find out cash balance from profit, add back the depreciation, then profit would be turned into cash balance
Abhishek Kambampati
CA Final
★ 0
5
392
Depreciation on overused machinery
Accountancy
answered on 30-Sep-22 17:44
depreciation is charged on a fixed assets on straight method say â?¹1 lac /year if the machine is overused during a year how it is recorded ??
latest answer
Yes it form basis for certain things you learn in Inter.
Atharv Sankliya
CA Final
★ 3K+
9
369
Which chapter to start ?
Accountancy
answered on 30-Sep-22 16:00
Depreciation Not for profit organizations Company accounts Partnership accounts
latest answer
Depreciation shoudl be first. Post that go for NPO and then either partnership or company accounts.
Priyamvatha Parthasarathy
CA Foundation
★ 5K+
11
435