Question
Which organization sets the GAAP standards in India?
Solution
GAAP of India has been established by ICAI in India, just like GAAP has been modified by ICAI in India and FASB in the United States of America.
As per Union Budget 2025-26, the Mission for Aatmanirbharta in Pulses will focus on which three pulse crops?
Auditor notes that the company has accumulated losses exceeding net worth, but management claims recovery. What should auditor consider?
All the following state taxes have subsumed under the GST EXCEPT:
As per Schedule III of Companies Act, which of the following is not shown under ‘Other Current Liabilities’?
The GST on used car sales is ____ as per the 55th GST council meeting decisions taken in December 2024.
Under Companies Act, 2013, a company can declare dividend from:
With respect to AS: 16 (Borrowing Costs), which of the following statement is incorrect?
A company pays goods transporters ₹2,00,000 but no GST invoice received so cannot claim input tax credit. The accounting effect on GST payable and exp...
The following information is available about CrismsonCoporation. Study it carefully to calculate the basic EPS for the year ended Marc,31, 2015.
...
Accruals are recorded in the books of accounts through:
