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Types of audit
Auditing
answered on 15-Dec-22 11:09
Can you explain the highlighted text, i could understand even a bit of it?
latest answer
Criticise here means to critically examine.
disha sharma
CA Inter
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497
Doubt
Accountancy
answered on 22-Dec-22 11:57
Why salary and rent is not written in partners capital account
latest answer
OK sir thank you
sai t
CA Foundation
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4
468
scope of audit
Auditing
answered on 14-Dec-22 10:20
can you explain this point with an example?
latest answer
Say if the management says that you cannot obtain external confirmation from debtors or banks, then this restricts the scope of audit. In such situations the auditor cannot give an unqualified opinion.
disha sharma
CA Inter
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1
522
Forex Illustration 5
AFM
answered on 14-Dec-22 21:03
In subpart (ii) why the answer does not tallies if we do like this: A) Return in currency = 67.25-62.25/62.25 =8.03% B) Return in S&P = -5.37% then net return = 8.03-5.37 = 2.66 % as compared to 2.23% which is the exact answer.
latest answer
got it sir
Himanshu Somani
CA Final
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648
Why abnormal sale is reduced from sales ??
Accountancy
answered on 14-Dec-22 09:39
Why abnormal sale is reduced from sales ??
latest answer
It is not actually removed from sales. Just that they are separated from normal sales to get correct picture of gross profit ratio.
Atharv Sankliya
CA Final
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927
Average due date - base date assumption
Accountancy
answered on 14-Dec-22 16:55
Please tell on what basis average due date's base date has to be taken
latest answer
Base Date It is at your discretion. You can take any date as base date for such calculation. The answer would be the same.
Anitha V K
CA Inter
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Wishes: CA Foundation Exams
Exams
answered on 21-Jan-23 17:33
All the best guys. We all will make it.
latest answer
Is it sarcastic or what??
Dharani Chakravarthi
CA Final
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683
BRANCH ACCOUNTING
Accountancy
answered on 15-Dec-22 12:00
why we use AS 11 TO convert FS of Indian branch belonging to a foreign company HO. Since to them AS of different country is applicable?
latest answer
Sorry - I misunderstood your question. If HO is foreign company then the Foreign Company will prepare financial as per applicable IFRS and the indian branch financials would be converted using IFRS. You will understand Ind AS at CA Final level which is equivalent to IFRS.
SK Png
CA Final
★ 0
5
690
TEST
Costing
answered on 14-Dec-22 09:40
HOW TO ATTEND 30%, 70% AND 100% SYLLABUS TEST?
latest answer
https://youtu.be/LJRhg31xP7E
Kamal Kumar
CA Inter
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10
542
Inverted duty structure
Indirect Taxation
answered on 14-Dec-22 11:47
Whether refund can be applied only if rate of tax of inputs is higher than rate of tax of outward supplies or also if rate of tax of input service is higher than rate of tax of outward supplies?
latest answer
Thank you sir
Nivedha Balaji
CA Final
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468