what is accounting standards and how to prepare it?

HOW T PRACTICALLY GO ABOUT FINALISING A COMPANY'S BALANCE SHEET?

WHAT IF THERE ARE DIFFERENCES IN THE CURRENT YEAR'S OPENING TRIAL BALANCE AND THE PREVIOUS YEAR'S? I UNDERSTAND THAT THE CURRENT YEAR'S BALANCES WOULD CHANGE .. BUT IF THERE ARE TOO MANY FIGURES WITH SUCH CHANGES AND IF THER IS NO PROVISION FOR LEDGER SCRUTINY THEN IS THERE ANY WAY OUT?

Hi Friends,
This is Sandeep Kansal From Maler-kotla (Pb.)

My Query is as followed :-
Suppose if any person takes a term loan @ 8% interst.He got a offer from the lender to convert his loan in foreign currency and he have to pay interst @ 4%. Then he wants to convert it in foreign currency to avail the profit in saving of 4% interst. so what is the treatment of difference of change in foreign currency rate at the time of last payment. So this How should this Profit\Loss treated in Accounts.

i doing an audit of a mnc who hv around 1500 cars for rent n lease a car,n they hv all d cars from banking or financial inst. on finance lease basis which duration is 3 to 5 years to repay the entire amount so it is d financial lease as per as -19 ,n we hv claim depreciation on dat cars for income tax purposes bt kalra sir(mafa teacher) told us we cant claim dep on such cars ,but according my pouint of view it is dispute in income tax deptt which not give any solutiopn to us yet ,so plz tell me watt treatment is better to do n if possible plz inform me any circular or notification issued by i.t. deptt on same topic.

We are setting up a new subsidiary abroad so what would be the treatment of pre incorporation expenses in the consolidated financial statements whether it would be completely written off as start up cost under AS-26 Intangible assets.

hi

can any body send me a salary slip formate which gives all information related to salary

how to prepare for accounts of ca pe-II? IS THERE ANY PATTERN OF PAPER ?FROM WHICH CHAPTER I SHOULD START ?

A company has received a claim from insurance company for loss by fire.the said insurance policy contains the clause for reinstatement of asset loss by fire.
what will be treatment in books in following cases:-

claim wdv of asset Asset purchased
passed destroyed (new)
1.10000 12000 14000
2.10000 8000 7000
3.10000 15000 Not yet purchased

What type of companies need to attach management representation with annual report,
Please send a format of the same to skm_nair@hotmail.com, please urgent.