Is it possible to change the accounting period under Indian
GAAP from 1/Apr-31March to 1/January-31/December?
There is any restriction in doing that, i mean for example
for fisal purposes?
Thank you all!
- 3 Answers
- 4356 Views
- I also Faced
- E-Mail Answers
Answer Posted / utpal bora
yes.i donot think there is any restriction in law.but is
very taff.
| Is This Answer Correct ? | 2 Yes | 3 No |
Post New Answer View All Answers
the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?
in Sensex and Nifty, what is the measure to take the points
Define scrap value in accounting?
Why do you want to be an accountant?
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
What is the difference in accounting and marketing and what is so different about them?
How to show Airticket Expense on Company's A/c as Company expense
In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?
what is retention? how caculate on asset
we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?
what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?
sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
entry for cash received from debtors
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
