CA UPDATES
AS 1: Disclosure of Accounting Policies Fundamental Accounting Assumptions (Based On Para Nos. 9, 10 And 27) Question 1.A limited has sold its building for ₹ 50 lakhs and the purchaser has paid the full price. The Company has given possession to the purchaser. The book value of the building is ₹ 35 lakhs. As […]
Accounting Standards-Applicability of AS What Are As? What Are The Advantages/Benefits Question 1.What are Accounting Standards? Explain the issues, with which they deal. (4 Marks) (November 2017)Answer:Accounting Standards (ASs) are written policy documents issued by expert accounting body or by government or other regulatory body covering the aspects of recognition, measurement, presentation and disclosure of […]
Framework for Preparation and Presentation of Financial Statements Question 1.Briefly define the Fundamental Accounting Assumptions? (Nov 2017, 4 marks) [IPCC Gr. II]Answer:Fundamental Accounting AssumptionsAs per the Framework on Preparation and Presentation of Financial Statements, there are three fundamental accounting assumptions: Going Concern, Accrual Basis and Consistency. ECPGURGAON.COM 1. Going Concern Financial statements are normally prepared […]
Indian Contract Act, 1872: Bailment and Pledge Question 1.State with reasons whether the foLlowing statement is correct or incorrect: Placing of ornaments in a bank locker is a contract of bailment. (May 1998, 2 marks)ORState whether the following statement is correct or incorrect: Depositing of ornaments In a bank locker is a bailment. (May 2015, […]
The New Batch for CA Foundation Has Started from 1st Oct 2025 – Limited Seats Available! Enroll Now! Are you ready to take the first step towards your career as a Chartered Accountant? The wait is over! The new batch for CA Foundation 2025 has officially started on 1st October 2025. If you’ve been planning to kickstart […]
CA Inter Classes At ECP Institute, CA Intermediate classes are offered with structured study plans and expert faculty guidance. Every subject is explained in depth so that exam preparation is handled in a systematic way. Modern teaching methods are used to make learning easier for students. CA Inter Classes Near Me When searched for CA Inter classes near me, ECP Institute […]
🌟 New CA Inter Batches Starting from 29th September 2025: Your Path to Success Begins Here! CA Inter Batch Starting 29th September 2025 Are you ready to take the next step in your journey toward becoming a Chartered Accountant? The CA Intermediate (CA Inter) is a pivotal stage in the CA course, and with the new batch […]
CA Inter Question PaperThe CA Inter question paper is prepared by ICAI and is designed to test conceptual clarity and problem-solving skills. It is uploaded on the ICAI portal after exams for students to download and practice. CA Inter Last 10 Years Question Papers with Solutions PDFThe last 10 years of CA Inter question papers with solutions are compiled and […]
CA Foundation Exam Date 2025 The CA Foundation Exams Date 2025 is announced by ICAI through an official notification. The schedule is provided so that students can prepare in advance and manage their time effectively. CA Foundation May 2025 Exam Date The CA Foundation May 2025 Exams Date is declared by ICAI on its official portal. Students are informed […]
ca foundation jan 2025 result date icai The CA Foundation January 2025 result date will be announced by ICAI on its official website. Students are advised to stay updated for timely result access. icai ca foundation result The ICAI CA Foundation result is declared online through the official portal. Candidates’ scores can be checked using their registration and […]