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Term of auditor

Corporate & Other Laws

answered on 02-Jul-21 07:49

Point 3. Is the limit on total amount or individually on banks, financial institutions and public deposits?

latest answer

On aggregate amount

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

579

Doubt

Accountancy

answered on 03-Jul-21 12:08

Sir can u please explain how to solve below problem I am getting answer as 24:64:51 But correct answer is 24:40:51 Below is my solution please suggest me sir

latest answer

Mostly, the method will be mentioned in the question. If not, the question contains certain clues based on which you can conclude which method it is.

sai t

sai t

CA Foundation

2K+

5

575

Board material

Accountancy

answered on 02-Jul-21 06:41

Sir accounts March 2019 board material can i follow

latest answer

Pls follow latest material on icai website

OMKAR REDDY

OMKAR REDDY

CA Inter

6K+

1

510

Basic doubt

Indirect Taxation

answered on 02-Jul-21 13:46

Special additional duty is introduced to counter balance sales tax Please explain this statement....

latest answer

A 4% Special Additional Duty (SAD) under section 3(5) of the Customs Tariff Act, 1975 was first imposed in the Union Budget 2005-2006 to counter balance various internal taxes like Sales Tax and Value Added Tax (VAT) and to provide a level playing field to indigenous goods which have to bear these taxes. This was extended in general to all goods in the Budget 2006-2007. Manufacturers will be able to take credit of this additional duty for payment of excise duty on their finished products. In the case of most of the items, this duty has been subsumed in IGST after the introduction of GST w.e.f. 01-07-2017.

Girinath A

Girinath A

CA Inter

765

1

545

Incomplete records

Accountancy

answered on 01-Jul-21 20:14

How come values of building and furniture

latest answer

It's ok ji my pleasure

Triveni Patil

Triveni Patil

CA Inter

290

5

864

About SAs

Auditing

answered on 01-Jul-21 19:40

What are all the SAs that are to be read parallely with the chapters in audit. I mean for eg, to study company audit chapter we must do this SAs previously, like that

latest answer

It is clearly explained in our introduction video

Sneha Raj

Sneha Raj

CA Inter

2K+

1

532

Accounts of companies

Corporate & Other Laws

answered on 01-Jul-21 20:44

In case of preservation period of books of accounts what is the meaning of the term 8years " immediately preceding the relevant financial year"

latest answer

Thank you sir

manideep martha

manideep martha

CA Final

10K+

2

601

Works cost

Costing

answered on 03-Jul-21 14:39

What is meant by works cost? We can do contract a/c without works cost also then in some circumstances Why we r finding works cost in contract a/c?

latest answer

Ok thank-you

AbithaSuku S R

AbithaSuku S R

CA Inter

2K+

4

794

Failure to fill casual vacancy

Corporate & Other Laws

answered on 01-Jul-21 20:58

What happens if board of directors fail to fill casual vacancy of auditor within 30 days?

latest answer

Punishment on company & officers Under section 147

Aman Mahajan

Aman Mahajan

CA Final

19K+

1

579

Doubt

Auditing

answered on 01-Jul-21 16:25

Which of the above line is correct for objectives of auditor wrt opening balance in conducting initial audit engagement

latest answer

Opening balances contain misstatements that materially affect the current period's financial statements.

Priyanka Udeshi

Priyanka Udeshi

CFA L1

14K+

1

564