jose.p
(CA in service)
(1676 Points)
Replied 31 July 2010
Max Payne
(employed)
(2569 Points)
Replied 31 July 2010
Dear CA Student...
Please clear the exam first before you praise the effectiveness of the material.
I will support that Materials are good for some subjects,
but you must note that the material does not make too much sense for subjects like AMA or SFM or ISCA, because they are merely Cut copy paste from Foreign books, with limited background reference. Only for the practical subjects like Accounts, Law, audit i can understand something from the material.
Yes Tax is perpetually outdated, but change is not an excuse for students, they just gotta get a book to compliment their studies.
But pls dont use cheap language. You are just degrading your own image.
Right now every person who saw this thread thinks you are a ... no guesses..
Like I said, Please clear the exam first before you praise the effectiveness of the material.
Robin
(AUDITOR)
(854 Points)
Replied 31 July 2010
why this ICAI president AGC barking on final year students now ? He is looking short cut for great publicity ! Where did his advices went during those days when UPA/TNM etc were on the chair ?
CA. Vasundhara Sharma
(article)
(67 Points)
Replied 31 July 2010
Mohit Jangid
(Article)
(141 Points)
Replied 31 July 2010
the activities of any business is classifies as:
Ordinary & extra ordinary activities.
Ordinary activity is further classified as operating and non-operating activities
Non-operating is further classifies as financing & investing activity.
I presume that u know the meaning of all dese terms.
FFS showns the source and use of working cap. b/w 2 b/s dates.
Hence we can say that ffs shows the reason of change in working capital of the firm.
ffo are the funds provided by the regular activities of the firm.
The profit reported in income statement is not always equal to ffo.
This difference is because sale, purchase & expenses are not always undertaken in cash ( non compliance of accrual concept by ffo.lol )
if i m wrong pls correct me
Mohit Jangid
(Article)
(141 Points)
Replied 31 July 2010
the purpose of creation of crr in red. of ps is to intact capital maintainance ( ask me if word is not clear, i m nt rude)
other reason is it safeguard the creditors of the company..( how..itna to pata hoga..dividend )
Mohit Jangid
(Article)
(141 Points)
Replied 31 July 2010
and i agree wid all the points referred by ca...na..
please let me all reference book u referred.. :)
mady
(student)
(64 Points)
Replied 31 July 2010
i challenge anyone who says that ICAI's module are good for studies -
use DT & IDT modules and try getting passing marks :P
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)