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conversion
Others
answered on 03-Dec-23 21:03
i have written ca inter grp1 in nov 23, can i now convert into new sylabus and order books before results, does this have any impact on upcoming results
latest answer
tq sir
Deepthi Gunda
CA Final
★ 220
2
556
Articleship exam
Exams
answered on 04-Dec-23 15:17
Anyone know about articleship exam? When the next exam gonna be held?
latest answer
Wait for official announcement from ICAI
Gayathri K V
CA Inter
★ 13K+
2
471
Prospectus and allotment of securities
Corporate & Other Laws
answered on 07-Dec-23 07:40
Dear Team, please assist on below queries. As per attached screen shot, when bonus shares ate Issued, the journal entry would be to debit reserves and credit share capital, resulting in no change in equity, trust understanding is correct.
latest answer
1. It will not result in change in equity.
Namrata Lall
CA Inter
★ 0
6
538
Ind AS 16
Financial Reporting
answered on 04-Dec-23 15:19
What is the journal entry when decommission liability decreases when asset is revalued up and revalued down
latest answer
Increase in liability - Dr. P&L unless revaluation surplus available Decrease in liability - Cr Revaluation surplus unless amount charged to P&L earlier.
shamanth rm
CA Final
★ 2K+
1
508
Insurance premium
Auditing
answered on 08-Dec-23 11:24
Insurance premium shall be recognised as income when due. But policy cannot be issued unless premium is received. So how the control system work here. Can I get any help
latest answer
1. Policy will be issued only if premium amount is paid. If cheque is given and later it is dishonored for any reason, Policy will stand invalid. 2. Premium is collected each year during the validity of the policy. once the policy is issued, premium will be recorded on accrual basis . However, if the premium amount is not paid within stipulated period, the policy will simply lapse. you can say first premium will be accounted on cash basis because policy will not be issued until the premium is received
swaminathan sundaram
CA Final
★ 110
3
512
CA Final Registration
Exams
answered on 04-Dec-23 13:01
I have completed my articleship however my intermediate group 2 result is pending. I am sure that I will pass this time. Since CA Final exams would be conducted in late May or June 2024 and result is expected by 1st week of January 2p24, Can I register myself for CA Final and give exams?
latest answer
Cut off does not change if exams are postponed.
Keshav Tawani
CA Final
★ 0
4
502
Due date
Indirect Taxation
answered on 03-Dec-23 19:17
what is the due date of filing of relevant annual return under gst..
latest answer
Updated date 31dec
Dhanu Shree
CA Inter
★ 0
2
491
Ind AS-40
Financial Reporting
answered on 04-Dec-23 15:20
Sir, In Illustration -1 For Below Mentioned Screenshot the answer is not there in E-lecture so i want clarify here If it is used for building is used for administartive purpose the measurement will be same but treatment will be done as per Ind-AS-16 isn't it?
latest answer
Answer will not change
Surya Prakash
CA Final
★ 19K+
1
457
Outstanding premium - Audit of Insurance company
Auditing
answered on 11-Dec-23 10:08
In video lecture it is explained how to check outstanding premium. What I am trying to understand is how this account is opened. Example I have taken vehicle insurance and it expires on 13th November. From 14th November I will not issue policy for this vehicle as insurance premium is not received. When insurance policy is not issued no need for me to open outstanding premium account. When insurance policy is issued on the basis of guarantee I can account for premium receivable. Am I correct?
latest answer
yes
swaminathan sundaram
CA Final
★ 110
3
498
General
Exams
answered on 03-Dec-23 17:02
Can anyone please tell me about the answer booklet of CA foundation? Like if I want additional sheet, is there any options to get those extra sheets?
latest answer
Ok That's clear Thank you all
Divinne Fiona
CA Inter
★ 9K+
5
660