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Test of control

Auditing

answered on 12-Oct-20 17:43

What's the difference between examination in depth vs procedural control?

latest answer

In depth examination involves a detail end to end examination.

Rakesh Prabhu

Rakesh Prabhu

CA Final

2K+

1

708

Sale of goods on sale or return basics

Accountancy

answered on 12-Oct-20 17:48

How to find the amount in the last transaction on December 31 which were neither said anything

latest answer

They are unsold.

Roshan Zameer

Roshan Zameer

ACCA Professional

24K+

1

735

Capital structure

Financial Management

answered on 12-Oct-20 11:04

Why he has deducted value of debt net off tax

latest answer

OK sir thanks

Satya  Shashank

Satya Shashank

CA Inter

13K+

7

974

Corporate Law

Others

answered on 12-Oct-20 17:56

Can we utilise the Allotment of secuities monies being of which final call not made Sir

latest answer

yes

M Naresh

M Naresh

CA Final

3K+

1

696

Core banking solution

Information Systems

answered on 12-Oct-20 09:33

When will the reason for chapter 5 of eis will take place in youtube?

latest answer

EIS revisions are scheduled later this week. Will update the dates in due course.

achu wayne

achu wayne

CA Final

0

1

626

Contract costing

Costing

answered on 13-Oct-20 14:09

I didn't understand the the valuation of the work uncertified in this illustration 4

latest answer

Only in the completed amount of contract we can classify into certified and uncertified. See the image, hope you understand:)

Swathi Krishna

Swathi Krishna

CA Final

8K+

1

799

Job costing

Costing

answered on 19-Oct-20 16:16

In illustration 2 how can selling cost be taken on based of work cost ?

latest answer

K

Swathi Krishna

Swathi Krishna

CA Final

8K+

2

713

Job costing

Costing

answered on 12-Oct-20 17:44

In illustration 1 I didn't understand this entry

latest answer

Normal loss increases the cost of MAterial.

Swathi Krishna

Swathi Krishna

CA Final

8K+

2

630

Amendments Applicability

Indirect Taxation

answered on 12-Oct-20 09:33

In ICAI study material, at the end of chapters, Finance Act 2019 amendments are given saying that applicability for May/Nov 2020 shall be announced later as they were not applicable at the time of printing the study material. I just want to ask that, if any of it is applicable, then it will be given in statutory update file or supplementary for May and Nov 2020 na? and we don't have to see anything separately or any other amendments than that? Am I right?

latest answer

Yes you are right

Deepak Gupta

Deepak Gupta

CA Inter

1K+

1

698

Nov 19 qp

Costing

answered on 12-Oct-20 16:13

In the next year their sales will be 7000units but why have they taken new lowest price only for 2000units and not for whole 7000units.

latest answer

Ok mam

Sri Varshini

Sri Varshini

CA Inter

575

2

675