Can somebody explained IAS 11 construction contract in terms of general entries. and is there any possibility when WIP classified as non current assets.

1 Answers   ITC Infotech,

---

What is the Difference between Current Assets and Fixed Assets and how would you classified it

19 Answers   GET Engineering Construction,

---

If any expenses accrued for the F.B.T paid quarter in the next relevant quarter, can we post the expenses in the next quarter?

1 Answers  

---

During the year a firm has received TDS of Rs.30 lakhs and out of this an amount of Rs.9 lakhs was adjusted against the taxes. However, in the balance sheet under the head assets,the firm shown Rs.30 lakhs towards TDS. Is it correct. In my openion, in the balance sheet, the assessee has to show only Rs.21 lakhs as asset in the balance sheet, after reducing the tax adjustemnt of Rs.9 lakhs. Pl. Clarify.

1 Answers  

---

what is the accounting entry for fictitious asset

4 Answers  

---

---

What is the meaning of STP?

15 Answers   IBM, STP,

---

Should the duty of creating a purchase order be segregated from the duty of creating a vendor?

0 Answers   FirstEnergy,

---

What are the reasons for Suppliers balance outstanding showing as negative?

4 Answers  

---

What the meaning of Computer Auditing.

3 Answers   emc2,

---

We are non excise registration Manufacturer want export to dubai & material received from excise registration manufacturer they are mention excise duty on my bill but we are not getting modvat because of non registration then what we will do that they are not liable to me excise duty on bill

1 Answers  

---

How can scope of internal audit help you?

0 Answers  

---

What would you do if a member of your audit team was under performing?

2 Answers   Ernst Young,

---