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Ind AS 16 - PPE

Financial Reporting

answered on 24-Nov-23 07:38

In initial recognition, Any expenses related to PPE for purposes other than to produce inventories are to be capitalized as per IND AS 16. If we incur expenses to modify the machinery as per our requirement to produce Inventories, this should be added with PPE or Inventories?

latest answer

If it increases FEB then add to PPE or expense

karthick raja

karthick raja

CA Final

3K+

1

43

books

Corporate & Other Laws

answered on 24-Nov-23 11:44

Have old ca inter law books ,do i need purchase again under new syllabus or continue with added chapters ..tax and sm also

latest answer

If you already have your old weapons , you can just sharpen them and use new techniques .. change the grip of the weapon to carry it properly and use some lubricants to make them smooth functioning.. What's the point of exciting about new weapon when you don't know how to master with old weapons In war more than weapons it's a strategy to know your enemy and understanding their abilities and act accordingly

Vamsi Krishna

Vamsi Krishna

CA Inter

42K+

6

77

Mock test

Others

answered on 24-Nov-23 12:14

How to apply for mock test in icai for upcoming ca foundation

latest answer

if the branch near you conducts, you can enquire there.

Sowndharya R

Sowndharya R

CA Foundation

700

2

57

Correlation and regression

Maths & Stats

answered on 24-Nov-23 11:36

Karl person's method of correlation is used for grouped or ungrouped data?

latest answer

Thank you sir

Divinne Fiona

Divinne Fiona

CA Foundation

6K+

2

45

Can we take a break for sometime after clearing the CA foundation?

Others

answered on 24-Nov-23 09:46

Can we do this ? Sir please tell me about that Can we take a break for sometime after clearing the CA foundation?

latest answer

Don't think about break when you're in battle field my friend even the slightest distraction kills you in the war ..so be alert live in the moment accept everything comes in your way .. don't try to escape from it

Ankit Mogre

Ankit Mogre

CA Foundation

0

2

74

General doubt

Others

answered on 22-Nov-23 19:11

Sir I have already started preparing for may 2024 25% Of portion completed and only economics subject not at started is it possible to completed syllabus with in 4 months ie up Feb or March please give some tips and guidance sir 🙏 🙏🙏

latest answer

OK bro thank you 😊

sai t

sai t

CA Foundation

2K+

2

116

Books

Accountancy

answered on 22-Nov-23 18:30

I have IL accounting standards notes of old syllabus do I need to buy new notes for accounting standards

latest answer

Thank you

Vamsi Krishna

Vamsi Krishna

CA Inter

42K+

2

88

Framework

Accountancy

answered on 22-Nov-23 17:28

What's the difference between AS and Framework for FS What's the difference between General purpose FS and Special purpose FS

latest answer

Thank you sir😇

vidhya senthilkumar

vidhya senthilkumar

CA Inter

5

2

68

PAN Registration in Incoe tax portal

Direct Taxation

answered on 25-Nov-23 11:31

How to register PAN of Estate in Income tax portal

latest answer

I dont think we can help. If someone knows the answer, they might be able to help.

Pavan Reddy

Pavan Reddy

CA Inter

28K+

5

87

New scheme book

Others

answered on 25-Nov-23 14:45

Whether I have to pay for new scheme books , even if I'm converter from old scheme to new scheme ?

latest answer

If you know how to send a mail, do that your issue is resolved that's all

Russell Aravinth

Russell Aravinth

CA Inter

12K+

18

183

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