powered by logo

Forums

Internal audit

Auditing

answered on 17-Oct-23 09:28

Is internal audit is compulsory ? If yes which type company needs to do internal audit

latest answer

All types of listed companies that are registered should follow the applicability of internal audit. Every unlisted public company that has an annual turnover of 200 crore rupees or more than 200 crore rupees should follow the applicability of an internal audit.

C ANNBU PALANIAPPAN

C ANNBU PALANIAPPAN

CA Inter

5K+

4

393

Financial statements

Corporate & Other Laws

answered on 17-Oct-23 09:03

It is compulsory that financial statements and other reports send to debentures holder or preference holder?

latest answer

Yes, it is generally compulsory for companies to provide financial statements and other reports to debenture holders or preference shareholders. This is because these stakeholders have a financial interest in the company and are entitled to receive information about its financial performance and position

C ANNBU PALANIAPPAN

C ANNBU PALANIAPPAN

CA Inter

5K+

1

400

CA inter Admit card download problem

Exams

answered on 17-Oct-23 08:57

Why it shows like as below, can't download the hall ticket ..plse help me

latest answer

Reason is mentioned

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

1

543

Specified Business

Direct Taxation

answered on 16-Oct-23 22:43

Are Leather, Textile and Chemicals specified businesses?

latest answer

No, specified businesses are 35A D businesses ,a list of 14 business starting from setting up & operating cold chain facility to developing maintaining & operating a new infrastructure facility

Kriti Iyer

Kriti Iyer

CA Inter

3K+

1

426

Acca capital structure

Accountancy

answered on 17-Oct-23 15:43

Here income tax is refunded i.e., 20000 but that is in the year 2021. But that belongs to year 2020 How would be the treatment I am confused a bit. Question 33

latest answer

That will be credited to P&L

Sugam SM

Sugam SM

CA Final

9K+

1

383

Set-off of Losses

Direct Taxation

answered on 17-Oct-23 17:01

In this question, can we set-off House Property loss against LTCG and make LTCG as Zero? Then we can claim more deduction for Insurance Premium right?

latest answer

In higher income cases LTCG is 20% where as slab rate is 30%

Kriti Iyer

Kriti Iyer

CA Inter

3K+

12

422

Ratio analysis

Financial Management

answered on 17-Oct-23 18:40

Sir , do we need to consider preference share capital while calculating SHAREHOLDERS EQUITY?

latest answer

Equity or NW or SHF or Owners’ Fund = ESC+R&S+PSC also but if the terminology is Shareholders’ Equity then PSC shall be excluded

ARTHI VELLIANGIRI

ARTHI VELLIANGIRI

CA Inter

2K+

6

402

Ind AS 1

Financial Reporting

answered on 17-Oct-23 15:49

What does the following statement mean: An entity whose financial statements comply with Ind AS shall make an explicit and unreserved statement of such compliance in the notes. Does it mean that if you follow all Ind AS appropriately then you should disclose the same thing in Financial Statements & if non-complied with any one of the standard then no need to disclose that this standard has not been complied with in preparation of Financial Statements

latest answer

Thank you sir

Divya Sri Vemavarapu

Divya Sri Vemavarapu

CA Final

15K+

2

463

Business law foundation

Corporate & Other Laws

answered on 16-Oct-23 15:47

I'm scared when I prefer indigolearn law notes ..they will give marks or not

latest answer

Yes they will indigolearn material is prepared as per icai module and it is prepared in such a way that students can easy understand the concept and apply them in exam

Sonia

Sonia

CA Foundation

0

1

367

Admit card

Exams

answered on 16-Oct-23 13:57

How to download admit card for Nov 2023 Examination?

latest answer

Thank you so much

PAVI S

PAVI S

CA Final

5K+

3

773