Auditor notes that the company has accumulated losses exceeding net worth, but management claims recovery. What should auditor consider?
A company uses the FIFO method of inventory valuation. The following purchases and sales were made during the month of April:
• April 1: Openin...
The maximum period for which an individual can be appointed as an auditor of a company is:
GeM is characterized by which of these three core elements?
For unsecured doubtful advances outstanding for more than three years, the required provisioning percentage is:
In the Budget proposed on 1st February 2017, what is the maximum limit imposed on cash transactions?
In relation to the Time Value of Money, the value of money received today is more than the value of money received after some time in the future due to ...
XYZ Ltd. reported a net profit of ₹120 lakhs for the year ended 31st March 2025. The depreciation for the year was ₹20 lakhs, and amortization of go...
A firm has a current ratio of 2:1 and quick ratio of 1.2:1. Its inventory is valued at ₹4 lakh. What is the amount of current liabilities?
Intangible Assets under development will be shown under _______ head according to schedule III of Companies act 2013.
