How to Convert Crypto to GBP in the UK (Fast & Low Fees)
Selling your crypto for GBP in the UK should be simple, but between slow banks and hidden fees, i…
Read more
Determination of profits how these effect the different parties
PROFIT :- The amount of income which is excess than the expenditure of the business during a given…
Read more
Define divisible profits and explain the main principles of divisible profit
DIVISIBLE PROFITS :- According to black and white publishing company (1901) "Profit available…
Read more
Write a note on the following, 1. Sinking fund 2. Depreciation fund 3. Reserve fund 4. Intangible assets 5. Capital expenditure 6. Revenue expenditure
1. SINKING FUND :- It is accounting term for cash set a side out of the profits for the particular…
Read more
Write a note on the following, 1. Contingent liability 2. Contingent assets 3. Provision 4. General reserves 5. Revenue reserve 6. Capital Reserve
1. CONTINGENT LIABILITY :- It is a liability which is not a natural liability but happening of an …
Read more
Discuss the advantages and disadvantages of secret reserves or Explain the objects and importance of secret reserves
OBJECT OR IMPORTANCE OR ADVANTAGES OF SECRET RESERVE :- Following are the important advantages of …
Read more
What are the secret reserves and what are the different ways of creating the secret reserves and what are the duties of an auditor in respect of secre
SECRET RESERVES :- "A reserve which is not visible on the balance sheet is called secret rese…
Read more
Discuss those points which should be kept in view at the time of investigation
INVESTIGATION ON BEHALF OF TH PURCHASER OF THE RUNNING BUSINESS:- The purchaser of the business wa…
Read more
Discuss the various kinds or classes of investigation also discuss the main objects of investigation
KINDS OF INVESTIGATION :- Following are the important kinds of investigation : 1. Investigation…
Read more
Define the term Investigation and differentiate between auditing and investigation
INVESTIGATION : Meaning :- When for a special purpose an inquiry is made into the accounts of the…
Read more
On which grounds the auditor can present the qualified report explain the reasons or Explain the features of qualified report
REASONS or FEATURES OF QUALIFIED REPORT :- Following are the important reasons of presenting the q…
Read more
What do you mean by Qualified Report and give the specimen of qualified report to the share holders of the public limited company
QUALIFIED REPORT :- " Annual report of the auditors which contains previous discrepancies or …
Read more
As an auditor give you have completed the annual accounts of a limited company. How would you give an unqualified report to the shareholders
ANNUAL REPORT :- Annual report is required for every public company where audit is compulsory. In …
Read more
Social Plugin