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Nature of account

Accountancy

answered on 15-May-20 19:18

Is purchase and sales a real account or nominal account???

latest answer

Thanks

Pooja .

Pooja .

CA Final

210

2

658

AS 11 effect of Change in foreign exchange rates

Accountancy

answered on 01-Jun-20 12:41

What are the amendments in AS 11 for Nov 2020 exam

latest answer

No changes

Yazhini Priya

Yazhini Priya

CA Inter

5K+

2

693

AS 29 about contingent assets

Accountancy

answered on 17-May-20 09:14

If there is any anticipated gains which are reasonably collectable.. What is the treatment? Whether it is accounted or disclosed in notes to accounts?

latest answer

Disclosed in notes to accounts

anju B

anju B

CA Inter

21K+

1

736

Change of word

Corporate & Other Laws

answered on 20-May-20 10:40

Paper - corporate and other laws(CA Inter) Chapter- The Negotiable Instruments Act, 1881 Module- S.6 Cheque @16.07 Mistake - A bill of exchage where 'payee' is always a specific bank Correction - A bill of exchange where 'drawee' is always a specific bank Instead of the word "payee", the word "drawee" Should come.

latest answer

Thanks for considering and made changes accordingly... Great work from the teamð???ð???ð???

gopi manigandan

gopi manigandan

CA Final

2K+

3

712

Query

Others

answered on 15-May-20 13:17

How will I get access to 1000 of questions ? I currently have mcq for BCK...

latest answer

Yes August 2020 is the extension of the may course

Reetikaa R

Reetikaa R

CA Final

7K+

3

680

Labour laws applicable

Auditing

answered on 15-May-20 15:44

In one of the assessment questions ,question 3 of SA 250, it was given that major of labour employed was child labour and the answer is to issue qualified report .But qualified report is issued when there is material misstatements in the financial statements and how does this non compliance lead to material misstatements?

latest answer

Thax

Swathi Krishna

Swathi Krishna

CA Final

8K+

2

921

Videos

Others

answered on 15-May-20 13:24

Sur videos r not visible only audio is getting to listen and no video in visible to see

latest answer

Pls send an email to support@indigolearn.com with screenshots / images of the error of possible

THARUN KUMAR EKAMBARAM

THARUN KUMAR EKAMBARAM

CA Foundation

18K+

1

805

material

Auditing

answered on 15-May-20 13:25

i have taken material before ur updation on 12th may? are there more changes in it?

latest answer

SA 580 there was one small correction in flow chart where two boxes were empty... no other correction

anil kumar

anil kumar

CA Inter

320

1

772

Provisional admit card

Exams

answered on 21-May-20 22:05

When a provisional admit card will be issued

latest answer

You have not submitted service certificate

Laxman kumar

Laxman kumar

CA Final

4K+

3

824

What is the concept of white box and black box in audit?

Auditing

answered on 15-May-20 13:02

Can somebody explain this?

latest answer

White box and black box testing is usually associated with software testing. In audit the same principles can be applied in CIS / EDP environment . White box approach is where auditor audits through the computers, where software/ program used to process the transactions is tested and reliance is placed on such testing results. Computer assisted audit techniques are used. Black box approach is where the auditor is basically not well versed about the computer processing, it is also know as audit around the computer, where documents are taken in physical form and audit techniques are applied on them.

K.V. Karthik

K.V. Karthik

CA Inter

34K+

1

9K+