Answer / h.r. sreepada bhagi

IFRS will be applicable from April 2011. It's proposed to
make it applicable in a phased manner on certain criteria.
Not all the companies will come under compulsory purview of
IFRS from the next Financial year.

Up to the Financial Year 2010-11, Indian GAAP (Guided by
Accounting Standards issued by the Institute of Chartered
Accountants of India) is applicable.

For updated information on implementation in India as
planned, please contact the office of the Institute of
Chartered Accountants of India or any qualified Accountant.

What is Fringe benifits tax?

3 Answers  

---

What do you mean by an Accounting Cycle....?????

7 Answers   HCL,

---

define fixed assets

0 Answers  

---

What is Meaning Of accounting Function , Fund Management, Equities, Mutual Funds, Fixed Income Secrities, Derivative, Accounts of Trade, Share Holder Transaction,Knowledge on Using bloombag?

1 Answers  

---

IF CASH-IN-HAND COMES IN CURRENT ASSET(HEAD) THEN PLEASE TELL ME IN WHICH HEAD COMES "SALES RETURN" AND "PURCHASE RETURN"

10 Answers   Genpact,

---

What do u mean by Deferred Revenue Expenses? Explain with examples?

8 Answers   Cap Gemini, Genpact, HSBC, Shivam, Wipro,

---

what is rate of Vat?

17 Answers   Reliance,

---

Who will be called as consignee

0 Answers  

---

Short Answer on ______Bad Debts

4 Answers  

---

What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?

0 Answers  

---

Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?

0 Answers  

---

Who is called consignor

0 Answers  

---