Foreword I-3 Recommended Reading I-5 Syllabus I-7 Chapter-heads I-9 MODULE A : FUNDAMENTALS OF ACCOUNTING
|
|
|
- Wesley Newton
- 5 years ago
- Views:
Transcription
1 PAGE Foreword I-3 Recommended Reading I-5 Syllabus I-7 Chapter-heads I-9 MODULE A : FUNDAMENTALS OF ACCOUNTING CHAPTER 1 ACCOUNTING: AN INTRODUCTION (FINANCIAL ACCOUNTING/COST ACCOUNTING/MANAGEMENT ACCOUNTING) 1.0 Objectives Introduction Nature and Purpose of Accounting Historical Perspectives Origins of Accounting Principles Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 13 Answers 14 CHAPTER 2 ACCOUNTING PROCESS (MANUAL/COMPUTER- ISED) 2.0 Objectives 17 I-13
2 2.1 Introduction Accounting Process Manual Accounting Computerized Accounting System (CAS) Manual Accounting v. Computerized Accounting Differences Between Manual & Computerized 22 Accounting Systems 2.7 Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 24 Answers 25 CHAPTER 3 USE OF JOURNAL, TYPES AND IMPORTANCE OF VOUCHER IN COMPUTERISED ACCOUNTING OF BANKING TRANSACTIONS 3.0 Objectives Introduction Use of Journal in Accounting Systems of Banks Types of Transactions Types of Vouchers Accounting Systems of Different Banks Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 37 Answers 38 CHAPTER 4 BANK RECONCILIATION STATEMENT 4.0 Objectives 41 I-14
3 4.1 Introduction Meaning Need and Importance Reasons for Differences Between Cash Book and Pass 42 Book 4.5 Specimen of BRS Preparation of Bank Reconciliation Statement Advantages of BRS Illustrations Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 63 Answers 64 CHAPTER 5 DEPRECIATION ACCOUNTING 5.0 Objectives Meaning of Depreciation Causes of Depreciation Need for Depreciation Factors of Depreciation Accounting Entries Methods of Depreciation Straight Line Method Written Down Value (WDV) Method Difference Between Straight Line Method and Written 74 Down Value Method 5.10 Advantages and Disadvantages of Straight Line 75 Depreciation Method 5.11 Advantages and Disadvantages of Reducing Balance Method of Depreciation 75 I-15
4 5.12 Sum of the Years Digits Method Replacement of A Fixed Asset and Creation of Sinking 77 Fund 5.14 Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 78 Answers 80 CHAPTER 6 CLASSIFICATION OF INCOME AND EXPENDITURE 6.0 Objectives Introduction Expenditure Difference Between Capital Expenditure and Revenue 86 Expenditure 6.4 Capital and Revenue Receipts Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 88 Answers 89 CHAPTER 7 BANKING OPERATIONS AND ACCOUNTING FUNCTIONS 7.0 Objectives Introduction Functions of A Bank Outsourcing of Services By Banks Need for Clear Formal Operating Instructions in Banks Banking Operations Manual of Banking Operational Manual 103 I-16
5 7.7 Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 104 Answers 105 MODULE B: FINANCIAL STATEMENTS OF BANKS CHAPTER 8 AN INTRODUCTION TO FINANCIAL STATEMENTS OF BANK 8.0 Objectives Introduction Business of Banking Companies Restriction on Business of Banking Company Bank s Book-Keeping System Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 118 Answers 119 CHAPTER 9 ADVANCES 9.0 Objectives Presentation of Advances (Schedule 9) Principal Accounting Policy with Respect to Advances Disclosure Requirements of Accounting Policy with 127 respect to advances 9.4 Restrictions on Loans and Advances (Section 20) Secured and Unsecured Advance Let Us Sum Up 129 I-17
6 9.7 Keywords Terminal Questions Multiple Choice Questions 130 Answers 131 CHAPTER 10 ASSET CLASSIFICATION, INCOME RECOGNITION AND PROVISIONING 10.0 Objectives Introduction Recognition of Income Classification of Assets Illustrations Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 146 Answers 147 CHAPTER 11 CASH, BALANCES WITH RBI AND OTHER BANKS, AND MONEY AT CALL AND SHORT NOTICE 11.0 Objectives Presentation of Cash and Balances with Reserve Bank 151 of India (Schedule 6) 11.2 Understanding the Items in the Schedule on Cash and 152 Balance With Reserve Bank of India 11.3 Presentation of Balances With Other Bank and Money 152 at Call and Short Notice (Schedule 7) 11.4 Understanding Items in Schedule Balances With Other 153 Banks and Money at Call and Short Notice 11.5 Operating Instructions on Cash 153 I-18
7 11.6 Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 158 Answers 159 CHAPTER 12 FIXED ASSETS AND OTHER ASSETS 12.0 Objectives Presentation of Fixed Assets (Schedule 10) Comments on the Constituents of the Fixed Asset 164 Schedule 12.3 Principal Accounting Policies w.r.t. Fixed Assets Disclosure of Accounting Policies w.r.t. Fixed Assets Presentation of Other Assets (Schedule 11) Constituents of other Assets Schedule Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 167 Answers 168 CHAPTER 13 BORROWING AND DEPOSITS 13.0 Objectives Presentation of Deposits (Schedule 3) Comments on Schedule 3 - Deposits Items Presentation of Borrowings (Schedule 4) Comments on Schedule 4 - Borrowings Items Special Consideration Let Us Sum Up 174 I-19
8 13.7 Keywords Terminal Questions Multiple Choice Questions 174 Answers 176 CHAPTER 14 CAPITAL, RESERVES AND SURPLUS 14.0 Objectives Special Provisions of the Banking Regulation Act, Presentation of Capital Account (Schedule 1) Comments on Capital Account Items Presentation of Reserves and Surplus (Schedule 2) Comments on Items of Reserve and Surplus (Schedule 184 2) 14.6 Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 186 Answers 187 CHAPTER 15 OTHER LIABILITIES AND PROVISIONS 15.0 Objectives Presentation of Other Liabilities and Provisions 191 (Schedule 5) 15.2 Comments on Other Liabilities and Provisions (Schedule 191 5) 15.3 Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 193 Answers 194 I-20
9 PAGE CHAPTER 16 CONTINGENT LIABILITIES AND BILLS FOR COLLECTION 16.0 Objectives Presentation of Contingent Liabilities (Schedule 12) Comments on the Contingent Liabilities (Schedule 12) Detailed Discussion of Acceptances, Endorsements 198 and Other Obligations 16.4 Bills for Collection Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 202 Answers 202 CHAPTER 17 INVESTMENTS 17.0 Objectives Presentation of Investments (Schedule 8) Comments on Constituents of Schedule 8 - Investments Principal Accounting Requirements of Investments Disclosure Requirements of Investments Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 212 Answers 213 CHAPTER 18 PROFIT AND LOSS ACCOUNT 18.0 Objectives 217 I-21
10 18.1 Form of Profit and Loss Account Presentation of Schedules of Profit and Loss Account Comments on Items of Profit and Loss Account and 221 its Schedules 18.4 Illustrations Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 232 Answers 232 CHAPTER 19 DISCLOSURE REQUIREMENTS IN FINANCIAL STATEMENTS 19.0 Objectives Disclosure of Accounting Policies Disclosure Requirements of Banks to be Added as 237 Notes to Accounts 19.3 Disclosures Prescribed by RBI Under Basel-III Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 242 Answers 243 CHAPTER 20 CONSOLIDATION OF FINANCIAL STATEMENTS 20.0 Objectives Introduction Responsibility of A Bank Responsibility of the Statutory Central Auditor (SCA) Some Important CFS Considerations 248 I-22
11 20.5 Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 252 Answers 252 CHAPTER 21 CONSOLIDATION OF BRANCH ACCOUNTS 21.0 Objective Introduction Process of Consolidation Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 258 Answers 259 CHAPTER 22 INTER OFFICE TRANSACTIONS 22.0 Objectives Meaning Balancing of Books/Reconciliation of Control and 263 Subsidiary Records 22.3 Reconciliation of Inter Branch/office Entries RBI Guidelines Regarding Inter office Entries Reconciliation Set Up and Process At the Banks Let Us Sum Up Keywords Terminal Questions Multiple Choice Question 272 Answer 272 I-23
12 PAGE MODULE C: PREPARATION OF FINANCIAL STATEMENTS OF BANKS & TAXATION CHAPTER 23 PREPARATION OF FINAL ACCOUNTS OF BANKS 23.0 Objectives Some Special Transactions Illustrations Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 302 Answers 304 CHAPTER 24 PREPARATION OF CASH FLOW AND FUND FLOW STATEMENTS 24.0 Objectives Introduction : Cash Flow Statement Benefits of Cash Flow Information Objectives of Preparing Cash Flow Statement General Terms Classification of Activities : Cash Flow Statement Advantages and Disadvantages of Cash Flow Statement Methods of Preparation of Cash Flow Statement Funds Flow Statement : An Introduction Benefits of Funds Flow Statement Preparation of Funds Flow Statement 317 I-24
13 24.11 Difference Between Funds Flow Statement and Cash 320 Flow Statement Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 322 Answers 324 CHAPTER 25 MANAGEMENT INFORMATION SYSTEM (MIS) AND FINANCIAL REPORTING 25.0 Objectives Types of Information Systems Benefits of Using Information Systems Need for MIS in Banking Management Information System (MIS) Organisation s Computing Resources Relationship of MIS With TPS Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 332 Answers 333 CHAPTER 26 ACCOUNTING IN COMPUTERISED ENVIRON- MENT 26.0 Objectives Concept of Computerised Accounting System Features of Computerised Accounting Terms Used in Computerised Accounting 340 I-25
14 26.4 Comparison Between Manual and Computerised 341 Accounting 26.5 Advantages of Computerised Accounting System Limitations of Computerised Accounting System Functions of Computerised Accounting Software Accounting Software The Core Banking Components Information Security Internet and World Wide Web - Influences on Banking Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 362 Answers 364 CHAPTER 27 INTRODUCTION TO DIRECT TAX & INDIRECT TAX 27.0 Objectives Understanding Direct Tax Income Tax : The Basics Understanding Indirect Tax Direct Tax and Indirect Tax : A Comparison Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 377 Answers 379 I-26
15 PAGE CHAPTER 28 PREPARING AND FILING OF RETURNS UNDER DIRECT AND INDIRECT TAX 28.0 Objectives Income Tax Provisions : Filing and Preparation of 383 Return 28.2 Provisions Relating to Tax Deduction at Source GST Provisions : Payment, Filing and Preparation of 392 Returns 28.4 Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 395 Answers 396 CHAPTER 29 TAX PROVISIONS RELATING TO INCOME TAX & GST 29.0 Objective Specific Considerations of Income Tax with Respect 399 to Banks 29.2 GST Provisions with Respect to Banks Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 403 Answers 404 CHAPTER 30 DEFERRED TAX AND TAX PLANNING 30.0 Objective Deferred Tax Analysis 407 I-27
16 30.2 Difference Between AS 22 and Ind AS Tax Planning Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 418 Answers 419 MODULE D : ACCOUNTING STANDARDS (IND-AS) CHAPTER 31 SCOPE, STATUTORY PROVISIONS AND COM- PLIANCES 31.0 Objectives Understanding Accounting Standards Meaning and Objective of Ind AS Indian Accounting Standards (Ind AS) Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 431 Answers 432 CHAPTER 32 APPLICABILITY OF IND AS TO BANKS FIs & CORPORATES 32.0 Objectives Applicability as Per MCA Meaning of NBFC for Ind AS Net Worth of Companies for the Purpose of Ind AS Companies Not Covered in the Rule for Application of Ind AS 438 I-28
17 PAGE 32.5 Applicability of Ind AS Provisions for Listed Companies Applicability as Per RBI Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 441 Answers 442 CHAPTER 33 DEFINITIONS 33.0 Objectives Terms; Definitions and an Understanding Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 454 Answers 456 CHAPTER 34 SCOPE OF CONSOLIDATED FINANCIAL STATEMENTS (CFS) 34.0 Objectives Scope of Consolidated Financial Statements Statutory Requirements Components of Consolidated Financial Statements Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 463 Answers 465 I-29
18 PAGE CHAPTER 35 CONSOLIDATION PROCEDURES AND ACCOUNT- ING FOR INVESTMENT IN SUBSIDIARIES 35.0 Objectives Introduction - Consolidation Procedures Acquisition of Interest in Subsidiaries at Different Dates Uniform Accounting Policies Measurement Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 480 Answers 481 CHAPTER 36 STANDALONE FINANCIAL STATEMENTS 36.0 Objectives Introduction Balance Sheet Statement of Changes in Equity Statement of Profit and Loss Accounts Statement of Cash Flows Notes to Financial Statements Comparative Information RBI Circulars Pertaining to Implementation of Ind 492 AS in Banks 36.9 Let Us Sum Up Terminal Questions Multiple Choice Questions 494 Answers 494 I-30
19 PAGE CHAPTER 37 JOINTLY CONTROLLED ENTITIES AND ASSOCI- ATES IN SEPARATE FINANCIAL STATEMENTS 37.0 Objectives Introduction Scope Significant Influence Potential Voting Rights Equity Method Application of Equity Method Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 504 Answers 505 CHAPTER 38 DISCLOSURES, TECHNICAL ISSUES AND CHALLENGES 38.0 Objectives Ind AS Qualitative Disclosure Quantitative Disclosures Let Us Sum Up Keywords Terminal Questions Multiple Choice Questions 524 Answers 526 I-31
CONTENTS. Preface I-5 Foreword I-7 INTRODUCTION TO THE REVISED SCHEDULE VI TO THE COMPANIES ACT, 1956
CONTENTS Preface I-5 Foreword I-7 1 INTRODUCTION TO THE REVISED SCHEDULE VI TO THE COMPANIES ACT, 1956 1.1 Presentation principles of corporate financial statements 1 1.1.1 Revised Schedule VI in the framework
Second year B.Com (Accounting and Finance) Programme Revised Syllabus Semester 3
Second year B.Com (Accounting and Finance) Programme Revised Syllabus 2017-2018 Semester 3 Discipline Related Elective Courses (Students are offered three courses from the Discipline Related Elective Courses)
RBI/ /34 RBI/ /DBR.FID.No. 1/ / August 04, 2016
RBI/2016-17/34 RBI/2016-17/DBR.FID.No. 1/01.02.000/2016-17 August 04, 2016 All India Financial Institutions (Exim Bank, NABARD, NHB and SIDBI) Madam / Dear Sir, Implementation of Indian Accounting Standards
STATE COUNCIL OF EDUCATIONAL RESEARCH AND TRAINING TNCF DRAFT SYLLABUS
STATE COUNCIL OF EDUCATIONAL RESEARCH AND TRAINING TNCF 2017 - DRAFT SYLLABUS Subject :Accountancy Class : XI Unit 1 : TOPIC Introduction To Accounting CONTENT Evolution of Accounting; Meaning and Definition
CENTRAL DEPOSITORY SERVICES (INDIA) LIMITED CIN: U67120MH1997PLC112443
I. INCOME Statement of Standalone Financial Results for the Quarter Ended June 30, 2016 PARTICULARS 2016 (Audited) 2015 a) Income from operations 2,598.27 1,850.53 Total Income 2,598.27 1,850.53 II. EXPENDITURE
Semester I (June October)
BAF Course Syllabus: Semester I (June October) Financial Accounting Paper I Introduction to Accounting Accounting Procedure Capital & Revenue Reconciliation & Rectification Depreciation provisions & Reserve
ACCOUNTS (858) CLASS XI
ACCOUNTS (858) Aims: 1. To provide an understanding of the principles of accounts and practice in recording transactions and interpreting individual as well as company accounts. 2. To develop an understanding
Course Structure ( ) Total Periods: 240 NOTE!
www.topperlearning.com CBSE Class 11 Accountancy Syllabus 2018-2019 Course Structure (2018-2019) Total Periods: 240 NOTE! After comparing the syllabus of 2017 18 with that of 2018 19, some changes have
For Information Only
AC 29-5-15 Item No. 4.1 University of Mumbai Revised Syllabus and Question For Information Paper Pattern of Only Courses of B.Com. (Accounting and Finance) Programme at Third Year Semester V and VI Under
1800 Vine Street LLC. Notes As at March 31,
Balance sheet In USD Notes As at March 31, As at April 1, 2017 2016 2015 Assets Non-current assets Property, plant and equipment 3 - - 9,888,090 Non-current tax assets 4 1,300 1,300 1,300 1,300 1,300 9,889,390
Voices on Reporting. Quarterly updates. October Contents. Updates relating to Ind AS. Updates relating to the Companies Act, 2013
Voices on Reporting Quarterly updates October 2017 Contents Updates relating to Ind AS Updates relating to the Companies Act, 2013 Updates relating to SEBI regulations Other regulatory updates 01 18 25
Grade XI Accountancy. (Important Concepts) #GrowWithGreen
Grade XI Accountancy (Important Concepts) #GrowWithGreen Financial Accounting [Part-I] Chapter 1 (Introduction to Accounting) 1. Difference between Book-Keeping, Accounting and Accountancy 2. Users of
FINANCIAL ACCOUNTING I
Syllabus: Computerized accounting meaning, features, introduction to tally, creation and alteration of company, groups and ledger accounts, generation of trial balance and financial statements. Meaning
RBI/ /429 DBR.BP.BC.No.106/ / June 23, Implementation of Indian Accounting Standards (Ind AS)
RBI/2015-16/429 DBR.BP.BC.No.106/21.07.001/2015-16 June 23, All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Implementation of Indian Accounting Standards (Ind AS) Please
Class: XI Subject: ACCOUNTANCY. NO OF PERIOD Unit-1 (25 periods) LEARNING OUTCOMES
Unit-1 (25 CH-1. Introduction to Accounting - Project on Accounting: objectives, advantages and International limitations, types of accounting information; Accounting users of accounting information and
STANDALONE AUDITED FINANCIAL RESULTS FOR QUARTER AND YEAR ENDED MARCH 31, Quarter ended
RBL Bank Limited Registered Office: 'Mahaveer', 179/E Ward, Shri Shahu Market Yard, Kolhapur- 416005 Corporate Office: One Indiabulls Centre, Tower 2B, 6th Floor, 841, Senapati Bapat Marg, Lower Parel
PAPER 6A: FINANCIAL SERVICES AND CAPITAL MARKETS
PAPER 6A: FINANCIAL SERVICES AND CAPITAL MARKETS Level of Knowledge: Advanced knowledge Objective:To be drafted once the syllabus is finalized. Contents: 1. Indian Financial System Financial Market Capital
INDIAN ACCOUNTING STANDARDS
Index 1- Brief Summary of Introduction of Ind-AS 2- Applicability of INDIAN ACCOUNTING STANDARDS () 3- List of with objective and scope BRIEF SUMMARY OF INTRODUCTION OF IND-AS Indian Accounting Standards
Future of TP. Documentation & Certification. 7th October Presented by- CA Dilip Gupta
Future of TP Documentation & Certification 7th October 2017 Presented by- CA Dilip Gupta Journey of TP regulations in India Major Milestones Final Rules on Range and multiple year data concept Introduction
Introduction to Ind-AS By Neeraj Sharma
Introduction to Ind-AS By Neeraj Sharma neerajsharma2002in@yahoo.com 1 Agenda Ind-AS An Overview Five Key Standards GAAP Differences Other GAAP Differences Questions & Answers 2 Ind-AS An Overview Set
Ind AS Overview, Impact and Anaysis
Ind AS Overview, Impact and Anaysis Organised by: Gurugram Branch of NIRC of ICAI Hotel Plazzio, June 9, 2018 IFRS Journey History and Background of IFRS 1. IASG : AICPA, CICA & ICAEW (1966-67) 2. Australia,
SYLLABUS ACCOUNTANCY (055) CLASS XII ( )
SYLLABUS ACCOUNTANCY (055) Annexure J learncbse.in CLASS XII (2012-13) One Paper 3 Hours 80 Marks Unit Periods Marks Part A : Accounting for Partnership Firms and Companies 1. Accounting for Partnership
Gener8 Digital Media Services Limited
Balance sheet In CAD Notes As at March 31, Assets Non-current assets Property, plant and equipment 3 333,087 116,003 115,296 Capital work-in progress 1,070 - - Intangible assets 4 12,323,814 9,204,348
Initiation into IFRS Overview, Applicability, Issues on convergence, Roadmap of IFRS Implementation, Schedule of implementation, IFRS Framework
Initiation into IFRS Overview, Applicability, Issues on convergence, Roadmap of IFRS Implementation, Schedule of implementation, IFRS Framework 22 January 2011 WIRC Mumbai, Kohinoor Hotel Khushroo B. Panthaky
EXPECTATIONS OF CENTRAL STATUTORY AUDITORS FROM BRANCH AUDITORS
EXPECTATIONS OF CENTRAL STATUTORY AUDITORS FROM BRANCH AUDITORS --------O---------- 1 Presented by CA Shriniwas Y. Joshi GENERAL Bank Audit Very challenging task RBI Monitoring through Notifications and
31,114 29,213 ASSETS Non-current assets Fixed Assets Tangible assets Intangible assets 6-92 Long-term loans and advances ,095
Vanthys Pharmaceutical Development Private Limited Balance Sheet as at Note (Rs '000) EQUITY AND LIABILITIES Shareholders' funds Share capital 2 225,000 225,000 Reserves and surplus 3 (194,437) (196,211)
Softsol India Limited
Sl. No. Softsol India Limited Plot No. 4, Software Units Layout, Cyberabad, Hyderabad-500 081, India T: +91 (40) 42568500, Fax : 040-42568600 E: cs@softsol.com, URL: www.softsolindia.com, CIN: L72200TG1990PLC011771
G. D. Apte & Co. Chartered Accountants
G. D. Apte & Co. Chartered Accountants Independent Auditor s Report To The Chief Executive Officer Indian Operations Report on the Financial Statements: We have audited the accompanying Financial Statements
Accounting & Finance for Managers
Accounting & Finance for Managers SYLLABUS UNIT 1 INTRODUCTION TO FINANCIAL ACCOUNTING * Introduction to Accounting * Meaning * Evolution of Accounting * Importance of Accounting * Users of financial statements
XBRL Demystified BASICS AND OVERVIEW OF XBRL
XBRL Demystified BASICS AND OVERVIEW OF XBRL All rights reserved. No part of this publication may be translated, reprinted or reproduced or utilised in any form either in whole or in part or by any electronic,
Key Changes in provisions pertaining to Accounts (focus on Depreciation, Consolidation, and Disclosures) By Mr N. Jayendran
Key Changes in provisions pertaining to Accounts (focus on Depreciation, Consolidation, and Disclosures) By Mr N. Jayendran Schedule III to the Companies Act 2013 Transition from Schedule VI to Revised
TOTAL 287,564, ,726, ,957,426
CONDENSED BALANCE SHEET AS AT JUNE 30, 2016 Notes As at As at As at ASSETS Non-current assets Property, Plant and Equipment 5.1 12,267,982 22,170,178 14,393,710 Intangible assets 5.2 66,977 208,187 89,117
BCA - Workshop on NBFC St Regis Hotel Palladium, Mumbai 4 August 2016
NBFC - Statutory Audit aspects under Companies Act, 2013 BCA - Workshop on NBFC St Regis Hotel Palladium, Mumbai 4 August 2016 Agenda 1 Key aspects of audit of NBFCs 2 Laws / Regulatory Aspects 3 Accounting
3. Our responsibility is to express an opinion on these financial statements based on our audit.
Independent Auditor s Report To the Board of Directors of Wipro Do Brasil Sistemetas De Informatica Ltd Report on the Financial Statements 1. We have audited the accompanying financial statements of Wipro
To the Board of Directors of Wipro Information Technology Kazakhstan LLP
Independent Auditor s Report To the Board of Directors of Wipro Information Technology Kazakhstan LLP Report on the Financial Statements 1. We have audited the accompanying financial statements of Wipro
3. Our responsibility is to express an opinion on these financial statements based on our audit.
Independent Auditor s Report To the Board of s of Wipro Information Technology Egypt SAE Report on the Financial Statements 1. We have audited the accompanying financial statements of Wipro Information
NEW STANDARD CHART OF ACCOUNTS KMBA EXPERIENCE
NEW STANDARD CHART OF ACCOUNTS KMBA EXPERIENCE BEFORE NEW SCA NEW STANDARD CHART OF ACCOUNTS FOR MBA Circular Letter 2014-41 This CL No. 2014-41 shall take effect immediately and will be used in the financial
Stock Market Basic Module Syllabus
Stock Market Basic Module Syllabus Instructor Information Instructor Email Office Location & Hours Dheeraj V dheeraj@meghnainternational.com Meghana International 40 Hours General Information Description
3. Our responsibility is to express an opinion on these financial statements based on our audit.
Independent Auditor s Report To the Board of Directors of Wipro Technologies Peru SAC Report on the Financial Statements 1. We have audited the accompanying financial statements of Wipro Technologies Peru
CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL STATEMENTS -By CA Vivek Newatia vnewatia@sjaykishan.com - By CA Niketa Agarwal niketa@sjaykishan.com Consolidated financial statements (CFS) Topics: 1. Introduction Consolidated
NBFC Prudential Norms & Compliances Important Aspects
NBFC Prudential Norms & Compliances Important Aspects Bombay Chartered Accountants Society CA Bhavesh Vora Coverage Existence of NBFCs Last Decade of NBFC Banks Vs. Non-Banks Meaning of NBFCs Major Changes
26 th Year of Publication. A monthly publication from South Indian Bank. To kindle interest in economic affairs... To empower the student community...
Experience Next Generation Banking A monthly publication from South Indian Bank To kindle interest in economic affairs... To empower the student community... www.southindianbank.com Student s corner ho2099@sib.co.in
Overview of Transition to IND-AS. CA Sanjeev Maheshwari
Overview of Transition to IND-AS CA Sanjeev Maheshwari sm@gmj.co.in 98211 19043 Need for one Common language of Accounting GMJ & Co. 2 GMJ & Co. 3 GMJ & Co. 4 GMJ & Co. 5 GMJ & Co. 6 GMJ & Co. 7 GMJ &
CONTENTS. List of Basic Notifications I-11 List of Master Directions I-13 List of Circulars I-15 Law relating to NBFCs & Securitisation I-27
CONTENTS List of Basic Notifications I-11 List of Master Directions I-13 List of Circulars I-15 Law relating to NBFCs & Securitisation I-27 1 LAW RELATING TO NON-BANKING FINANCIAL COMPANIES 1.1 : Non-Banking
Changes in Financial Statements and Auditor s Report. Presentation By CA Anil Sharma
Changes in Financial Statements and Auditor s Report Presentation By CA Anil Sharma Sec 129- Financial Statement The financial statement shall : be in the form in Schedule III and comply with the accounting
Affiliated to UNIVERSITY OF MUMBAI Syllabus for the T.Y.B.COM. Program: COMMERCE Program Code: RJCUCOM (CBCS )
Hindi Vidya Prachar Samiti s Ramniranjan Jhunjhunwala College of Arts, Science and Commerce (Autonomous College) Affiliated to UNIVERSITY OF MUMBAI Syllabus for the T.Y.B.COM. Program: COMMERCE Program
SYLLABUS ACCOUNTANCY (055) CLASS XII (March-2014) Period Marks
Annexure 'J' SYLLABUS ACCOUNTANCY (055) CLASS XII (March-2014) 3 Hours One Paper Unit 80 Marks +20 Marks Period Marks Part A: Accounting for Partnership Firms and Companies 1. Accounting for Partnership
Quarter ended 123, ,529 70, , , , , , , ,822 3,666,624 3,633,054 3,694,402 3,658,071
'onship beyond' 6anking Annexure 'A" Head Office : Star House, C - 5,'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051 Audited Financial Results for the Quarter/Year ended 31't March, 2018
Policy on Financial Management and Accounting Transactions A Manual
M.I.S. Series No. 3 Policy on Financial Management and Accounting Transactions A Manual (Internal Document) Association for Health Welfare in the Nilgiris Post Box.20, Thottamoola, Gudalur. www.ashwini.org
Syllabus for T.Y.BCom
JAI HIND COLLEGE AUTONOMOUS Syllabus for T.Y.BCom Course Semester : Accounting & Finance : V Credit Based Semester & Grading System With effect from Academic Year 2018-19 List of Courses Course: Accounting
SCHEDULE 17 SIGNIFICANT ACCOUNTING POLICIES
SCHEDULE 17 SIGNIFICANT ACCOUNTING POLICIES 17.1. BASIS OF ACCOUNTING The accounts have been prepared by following the going concern concept on historical cost basis, consistently, and are in conformity
Ind-AS Implementation Issues. Himanshu Kishnadwala
Ind-AS Implementation Issues Himanshu Kishnadwala What is I-GAAP? Accounting Standards in India Till 2006, Standards issued by ASB of ICAI were to be followed Companies (Accounting Standards) Rules, notified
Standard Chartered. Standard Chartered Bank India Branches (Incorporated in the United Kingdom with limited liability)
AUDITORS REPORT TO THE MANAGEMENT COMMITTEE OF STANDARD CHARTERED BANK - INDIA BRANCHES (Under Section 30 of the Banking Regulation Act, 1949) 1. We have audited the attached Balance Sheet of STANDARD
CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL STATEMENTS -By CA Vivek Newatia vnewatia@sjaykishan.com - By CA Niketa Agarwal niketa@sjaykishan.com Consolidated financial statements (CFS) Topics: 1. Introduction Consolidated
Suggested Answer_Syl12_June2016_Paper 18 FINAL EXAMINATION
FINAL EXAMINATION GROUP IV (SYLLABUS 2012) SUGGESTED ANSWERS TO QUESTIONS JUNE 2016 Paper- 18: CORPORATE FINANCIAL REPORTING Time Allowed: 3 Hours Full Marks: 100 The figures in the margin on the right
SUGGESTED ANSWERS TO MAY 2015 IPCC EXAMS ADVANCED ACCOUNTS
No.1 for CA/CWA & MEC/CEC MASTER MINDS SUGGESTED ANSWERS TO MAY 2015 IPCC EXAMS ADVANCED ACCOUNTS Dear students, These suggested answers are meant for easy and quick assessment of possible outcome of IPCC
PRIME FOCUS TECHNOLOGIES INC. Notes to Standalone financial statements
Notes to Standalone financial statements 1. Corporate Information Prime Focus Technologies Inc. ("the Holding Company") was incorporated on 21st February, 2013 in USA. Prime Focus Technologies Private
Robert L. Dansby, Ph.D. Burton S. Kaliski, Ed.D. Michael D. Lawrence, MBA, CPA, CMA
Robert L. Dansby, Ph.D. Columbus Technical College Columbus, Georgia Burton S. Kaliski, Ed.D. Southern New Hampshire University Manchester, New Hampshire Michael D. Lawrence, MBA, CPA, CMA Portland Community
Affinity Names, Inc. AFFINITY NAMES, INC. 1
Affinity Names, Inc. AFFINITY NAMES, INC. 1 2 AFFINITY NAMES, INC. Independent Auditors Report To the Board of Directors Reliance Industries Limited Report on the Standalone Financial Statements We have
Third year B.Com (Financial Markets) Programme Revised Syllabus Semester 5
Third year B.Com (Financial Markets) Programme Revised Syllabus 2017-2018 Semester 5 1. Marketing in financial Services Electives Foundation of service marketing Service market segmentation Issues in marketing
ANNUAL REPORT OF TATA TECHNOLOGIES INC, USA
ANNUAL REPORT OF TATA TECHNOLOGIES INC, USA TATA TECHNOLOGIES INC, USA Directors of the Company 1 Significant Accounting Policies 2-4 Financial Statements and notes forming part of financials 5-15 Directors
Guide to First-time Adoption of Ind AS
Guide to First-time Adoption of Ind AS 2 Guide to First-time Adoption of Ind AS Contents Overview of Ind AS roadmap 06 Key differences between Ind AS and Indian GAAP 10 First-time adoption of Ind AS 42
By CA Kanika khetan
BANK AUDIT By CA Kanika khetan cakanika14@gmail.com www.anushriagarwal.com Type of banks Commercial Banks. Co-operative Banks. Development Banks (more commonly known as Term-Lending Institutions ). Regional
Explain the method of consolidati on. Not Applicable. Not Applicable
Basel III Pillar 3 disclosures for the quarter ended 30 th September 2014 1. Scope of Application and Capital Adequacy Table DF-1 Scope of Application Sumitomo Mitsui Banking Corporation, New Delhi Branch
Answer to MTP_Final _Syllabus 2016_Dec2017_Set 2 Paper 17- Corporate Financial Reporting
Paper 17- Corporate Financial Reporting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 17- Corporate Financial Reporting Full
CNK Knowledge Tracker
CNK Knowledge Tracker Be a Step Ahead July 2016 CNK & Associates, LLP www.cnkindia.com Contents Notifications/ Orders & Circulars Overseas Direct Investment - Submission of Annual 3 Performance Report
Aepona Limited CONDENSED BALANCE SHEET AS AT MARCH 31, 2016
CONDENSED BALANCE SHEET AS AT MARCH 31, 2016 Notes EQUITY AND LIABILITIES Shareholders funds Share capital 1 1,230,620,264 Reserves and surplus 2 (1,137,001,443) (A) 93,618,821 Non- current liabilities
SUPPLEMENT FOR COMPANY ACCOUNTS AND AUDITING PRACTICES (Relevant for students appearing in June, 2016 Examination)
EXECUTIVE PROGRAMME SUPPLEMENT FOR COMPANY ACCOUNTS AND AUDITING PRACTICES (Relevant for students appearing in June, 2016 Examination) MODULE 2 - PAPER 5 Disclaimer- This document has been prepared purely
OVERVIEW OF IND AS INCLUDING CARVE OUTS. C.A. Sanjay Vasudeva S. C. Vasudeva & Co. Chartered Accountants
Seminar of North Ex CA Study Circle Hotel Oasis, New Delhi OVERVIEW OF IND AS INCLUDING CARVE OUTS C.A. Sanjay Vasudeva S. C. Vasudeva & Co. Chartered Accountants 16th December 2016 Overview Need for International
Issues in Audit and Tax Audit of Banks
SPECIAL STORY Financial Services Sector : Part-I (Banks and Mutual Funds) CA Sarvesh Warty Issues in Audit and Tax Audit of Banks Banking in India is dominated by nationalised banks who account for around
PLANET PSG PTE LTD, SINGA PORE
SCHEDULE 9 SIGNIFICANT ACCOUNTING POLICIES 9.1 Company overview Planet PSG Pte Ltd, Singapore ( the Company ) is a subsidiary of Wipro Limited ( the holding company ). The functional currency of the Company
Pension Fund Regulatory & Development Authority (PFRDA)
Pension Fund Regulatory & Development Authority (PFRDA) PFRDA (APPOINTMENT OF INTERNAL AUDITOR) GUIDANCE NOTE - 2013 1 PFRDA (APPOINTMENT OF INTERNAL AUDITOR) GUIDANCE NOTE - 2013 This Guidance Note may
I PUC ACCOUNTANCY SYALLABUS
I PUC ACCOUNTANCY SYALLABUS 2013-14 SL NO. OBJECTIVES UNIT OR CHAPTER SUB TOPICS NO. OF TEACHING HOURS LEARNING OUT COMES EVALUATION ACTIVITI ES 1. To enable the students to acquire knowledge of basic
Subject Code Title of the Subject L T P LTP UCC18101 FINANCIAL ACCOUNTING I Maximum: 100 marks (Internal: 50 marks; External: 50 marks)
SRM INSTITUTE OF SCIENCE AND HUMANITIES FACULTY OF SCIENCE AND HUMANITIES DEPARTMENT OF COMMERCE CORPORATE SECRETARYSHIP AND ACCOUNTING & FINANCE LESSON PLAN ODD SEMESTER 2018-2019 Subject Handled by:
Balance Sheet Reconciliation Guide
BALANCE SHEET RECONCILIATION GUIDE PDF - Are you looking for balance sheet reconciliation guide Books? Now, you will be happy that at this time balance sheet reconciliation guide PDF is available at our
(In ` crore) Balance Sheet as at
INFOSYS LIMITED Balance Sheet as at Note June 30, 2016 March 31, 2016 April 1, 2015 ASSETS Non-current assets Property, plant and equipment 2.3 8,326 8,248 7,347 Capital work-in-progress 1,118 934 769
Financial Statements and Auditor's Report
Financial Statements and Auditor's Report Wipro IT Services Ukraine LLC Independent Auditor s Report To the Members of Wipro IT Services Ukraine LLC Report on the Standalone Financial Statements 1. We
Accounting Standards
Accounting Standards AGENDA OF DISCUSSION Introduction of Accounting Standards Objectives of Accounting Standards Types of Accounting Standards Introduction Written Documents issued by Government or Regulatory
IND AS ON ITEMS IMPACTING THE FINANCIAL STATEMENTS
11 IND AS ON ITEMS IMPACTING THE FINANCIAL STATEMENTS UNIT 1: INDIAN ACCOUNTING STANDARD 12 :INCOME TAXES After studying this unit, you will be able to: LEARNING OUTCOMES Understand the objective and scope
\WIPRO TECHNOLOGIES SPAIN STANDALONE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED MARCH 31, 2015
\WIPRO TECHNOLOGIES SPAIN STANDALONE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED MARCH 31, 1 WIPRO TECHNOLOGIES SPAIN BALANCE SHEET AS AT MARCH 31, (Amount in INR, except share and per share data,
Persistent Systems France SAS
BALANCE SHEET AS AT MARCH 31, 2015 Note EQUITY AND LIABILITIES Shareholders funds Share capital 1 97,467,000 97,467,000 Reserves and surplus 2 26,912,584 (10,908,264) (A) 124,379,584 86,558,736 Current
Oracle Financial Services Software Limited
Unaudited Condensed Consolidated Balance Sheet as at June 30, 2018 ASSETS June 30, 2018 March 31, 2018 Non-current assets Property, Plant and Equipment 2,133.90 2,180.07 Capital work-in-progress 20.59
Monthly Return as on. Name of the Company:.. Company Profile. PIN 4. Phone Nos. Fax No. / address
Monthly Return on important financial parameters of Non- Banking Financial Companies (NBFCs) not accepting/holding public deposits and having asset size of Rs. 100 crore and above Monthly Return as on
At a Glance Jun 2011 (Brief Updates from the world of Tax and Finance)
At a Glance Jun (Brief Updates from the world of Tax and Finance) I. Income Tax a. New facility of downloading Form 16A from TIN-NSDL Website To address the problems of mismatch of details between TDS
GST -Some Basic Concepts. Presented By: CA Madhukar Hiregange
GST -Some Basic Concepts Presented By: CA Madhukar Hiregange Necessity for GST Present system of indirect tax has multiplicity of taxes levied by Centre & State Tax on tax, increases cost - Cascading No
ST.JOSEPH S COLLEGE OF COMMERCE (AUTONOMOUS) DEPARTMENT OF COMMERCE
ST.JOSEPH S COLLEGE OF COMMERCE (AUTONOMOUS) DEPARTMENT OF COMMERCE TEACHING LESSON PLAN FOR THEORY AND PRACTICE OF BANKING B.Com 4 th Semester (November, 05 to March, 06) Subject Objective: To help students
1 Good Company FTA (India) Limited
1 Good Company FTA (India) Limited 2 Good Company FTA (India) Limited & Young LLP Contents Introduction... 6 Objective... 6 Consolidated Balance Sheet... 10 Consolidated Statement of Profit & Loss... 13
AUDITING UNDER COMPUTARISED ENVIRONMENT CHECKPOINTS & PROCEDURES 17 TH NOVEMBER, 2012 AT WIRC BY CA ARVIND JOSHI
AUDITING UNDER COMPUTARISED ENVIRONMENT CHECKPOINTS & PROCEDURES 17 TH NOVEMBER, 2012 AT WIRC BY CA ARVIND JOSHI Many of us are in Bank Audit since many years. Some of us may be new entrants in this filed.
Balance Sheet as at March 31, 2018 Amount in Rs. Amount in Rs. Particulars
Balance Sheet as at March 31, 2018 Note Equity and liabilities Shareholders' funds Share capital 3 25,00,00,000 25,00,00,000 Reserves and surplus 4 6,37,76,463 2,22,19,723 Non-Current Liabilities Long-term
News Release July 29, 2011
News Release July 29, 2011 Performance Review Quarter ended June 30, 2011 53% year-on-year increase in consolidated profit after tax to ` 1,667 crore (US$ 373 million) for the quarter ended June 30, 2011
PERTH REGION NRM Inc. FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2016
PERTH REGION NRM Inc. FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2016 Table of Contents Page No. Directors Report 2 Statement of Financial Position 3 Statement of Change in Equity 4 Cash Flow Statement
REED INFOMEDIA INDIA PRIVATE LIMITED ANNUAL ACCOUNTS - FY :
1 REED INFOMEDIA INDIA PRIVATE LIMITED ANNUAL ACCOUNTS - FY : 2016-17 2 REED INFOMEDIA INDIA PRIVATE LIMITED Independent Auditor s Report To the Members of Reed Infomedia India Private Limited Report on
Association (NICASA) NIRC of The ICAI. Welcomes
Northern India Chartered Accountants Students Association (NICASA) Of NIRC of The ICAI Welcomes CA Students for the seminar on Bank Audit Statutory Bank Branch Audit - OVERVIEW CA. S Narayanan snarayanan23@gmail.com
Indian Accounting Standards (Ind AS) are issued by Accounting Standard Board to converge Indian GAAP with International Financial Accounting
Indian Accounting Standards (Ind AS) are issued by Accounting Standard Board to converge Indian GAAP with International Financial Accounting Standards (IFRS). Their objective is to remove variations in
ANUPGCET 2018 :: 113-COMMERCE (SYLLABUS)
ANUPGCET 2018 :: 113-COMMERCE (SYLLABUS) Max. Marks: 100 FINANCIAL ACCOUNTING: Introduction to Accounting Need for Accounting definition, features, objectives, functions, systems and bases and scope of
Independent Auditor s Report. To the Board of Directors of INFINITE COMPUTER SOLUTIONS SDN BHD.
Independent Audir s Report To the Board of Direcrs of INFINITE COMPUTER SOLUTIONS SDN BHD. Report on the Annually Standalone Ind AS Financial Statements. We have audited the accompanying yearly standalone
References have been made in this submission to Global practices as the Bank in India is operating as branch of the Global Bank.
Basel III Pillar 3 disclosures for the period ended June 30, 2018 Table DF 1: Scope of Application The disclosures and analysis provided herein below are in respect of the Mumbai Branch ( the Bank ) of
Accountancy (Code No. 055) Class-XII ( ) Units Periods Marks
One Paper Theory: 80 Marks 3 Hours Accountancy (Code No. 055) Class-XII (2015-16) Units Periods Marks Part A Accounting for Partnership Firms and Companies Unit 1. Accounting for Partnership Firms 90 35
BANK OF AMERICA N.A. (INDIA BRANCHES)
Independent Auditors Report To the Chief Executive Officer Bank of America N.A. India branches Report on the Financial Statements 1. We have audited the accompanying financial statements of Bank of America
Auditing of NBFCs 1/18/2013. Financial Reporting Framework. Key Considerations. Audit Areas. Audit Areas Prudential Norms. Reporting Obligations
Seminar on Non-Banking Financial Companies Audit and Taxation by WIRC of ICAI Auditing of NBFCs Saturday, 19th, January, 2013 CA Shah Vipul Gupta K Choksi & Co. Financial Reporting Framework Key Considerations