Cost Accounting Classification of Cost (Cost sheet)
COST SHEET COST SHEET IS THE STATEMENT PREPARED TO CALCULATE:- 1) Total cost of production of product 2) Total profit earned or loss suffered on the sale of product. THE TOTAL COST OF PRODCCT IS...
View ArticleClik here to view.
Auditing: Professional Ethics 01
Basically first you should Know how can a Individual be a Chartered Accountant. Traditional Method:- CPT Ipcc Article-ship Ca Final Once you have cleared your CA final, you have to Cross Section 8, of...
View ArticleClik here to view.
Auditing: Professional Ethics 02 (D Secret)
While studying Professional ethics, The most difficult part is to remember the 34 Clauses. What are Clauses? As we read earlier in the Post( http://baf.co.in/auditing-professional-ethics-01/) the...
View ArticleClik here to view.
FYBAF will be University Exam.
Well, Finally it has been confirmed by a notice form Mumbai University that SEMESTER 1, 2, 5 & 6. will be university exams. But the difference is that, SEM 1 & 2 will have No CAP assessment,...
View ArticleClik here to view.
Vouching Introduction.
Meaning of Vouching. Vouching is the process of recognising obligation and authorizing cash disbursements. It deals with the examination of PROFIT AND LOSS items. For example, you see that a company...
View ArticleClik here to view.
Clik here to view.
History of Income tax In India.
In India, the system of direct taxation as it is known today, has been in force in one form or another even from ancient times. There are references both in Manu Smriti and Arthasastra to a variety of...
View ArticleClik here to view.
Income tax in India- Since 1922
The organisational history of the Income-tax Department starts in the year 1922. The Income-tax Act, 1922, gave, for the first time, a specific nomenclature to various Income-tax authorities....
View ArticleImportant events affecting the administrative set up in the Income-tax...
1939 Appellate functions separated from inspecting functions. A class of officers known as AACs came into existence. Jurisdiction of Commissioners of Income tax extended to certain classes of cases...
View ArticleClik here to view.
What professional work a CA can approach for?
Can a Member in Practice form a Company and use it for Auditing projects? NO A Member in Practice can only form the following to Practice as a Chartered Accountant specifically for Audit. A member...
View ArticleSignificance of the Certificate of Practice – Professional Ethics
Significance of the Certificate of Practice Once the person concerned becomes a member of the Institute, he is bound by the provisions of the Chartered Accountants Act and its Regulations A member to...
View ArticleClause (1-4) of Part 1 – schedule I (Professional ethics)
The Clauses have been broken down to make perfect meaning for the students. But during this we have not changed the meaning of the content. Students are expected to use the same language in the Exams....
View ArticleClik here to view.
Clause (5&6) of Part 1 – schedule I (Professional ethics)
Clause (5) Secures either through the services of a person who is not an employee of such Chartered Accountant or who is not his partner or by means which are not open to a Chartered Accountant, any...
View ArticleClik here to view.
TYBCOM RESULTS OUT. ONLY 66.52% students Clear the Exams
Well finally here are the results. Results will be Found at http://mu.ac.in/portal/results/
View ArticleClause 6 Continued with Clause 7 & Clause 8 – Professional Ethics.
8) No photographs of any sort are permitted. Display of Passport size photograph is permitted 9) The listing on suitable search engine should be permitted. However, the field of search should be...
View ArticleMethods Of Internal Reconstructions. (Alterations of share capital...
For properly deploying the process of internal reconstruction following methods are generally employed or used simultaneously Alterations of share capital (Sub-division and Consolidation of shares...
View ArticleMethods of Internal Reconstruction (Reduction of Share Capital,...
Reduction of Share Capital Section 100 of the Companies Act, 1956 lays down the procedure in respect of reduction of share capital. One way of doing this is reducing the paid-up capital. The share...
View ArticleTHE NEW PATTERN AND SYLLABUS FOR FYBAF
University of Mumbai Revised Syllabus of Courses of B.Com. (Accounting & Finance) Programme First Year Semester I and II Under Choice Based Credit, Grading and Semester System With effect...
View ArticleB.Com. (Accounting & Finance) SYLLABUS implemented from Academic Year-...
As per the new Syllabus and Pattern Declared by the University, We see the Major changes coming into the academics of BAF. Few questions that kept Pilling us from Students to faculties are:- Does we...
View ArticleClik here to view.
FYBAF SEMESTER 1- Elements of Financial Accounting-I
Revised Syllabus of Courses of FYBAF Semester 1 1.Financial Accounting – Elements of Financial Accounting-I Modules at a Glance
View Article