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Post			Author	Forum	Replies	Views	Posted [asc]
		Thread: IAS 23 and Leases Post: Dear Mr. Kamran May you be able to interprete a... Dear Mr. Kamran May you be able to interprete and explain 'SAHI BUKHARI SHAREEF'! One must go the doctor for medicine, Molvi for Nikah, Chartered Accountant for Audit and an Aalim for SAHI BUKHA...	wsafca	Accounting and Audit	22	9,601	02-20-2010, 04:28 AM
		Thread: IAS 23 and Leases Post: Dears First of all, i would like to express my ... Dears First of all, i would like to express my in-ability to properly read posts of Mr. kamran (with all due respect to him), may be those were more long. As you also mentioned "On one hand ...	wsafca	Accounting and Audit	22	9,601	02-18-2010, 02:51 AM
		Thread: IAS 23 and Leases Post: I donot understand why the finance cost incurred o... I donot understand why the finance cost incurred on the acquisition of a qualifying asset is capitalized and why the finance cost incurred on the acquisition of a non qualifying asset is not capitaliz...	wsafca	Accounting and Audit	22	9,601	02-16-2010, 12:49 AM
		Thread: IAS 23 and Leases Post: IAS 23 and Leases Dears IAS 23 requires to capitalize the costs directly attributable to the acquisition of the asset. (qualifying asset). IAS 17 requires to recognize the assets subject to finance lease on PV of...	wsafca	Accounting and Audit	22	9,601	02-14-2010, 04:39 PM
		Thread: Incrimental depreciation Post: <blockquote id="quote"><font size="1" face="Verdan... quoteOriginally posted by Sh.Mohsin Dear All; As per Companies Ordinance, 1984, incrimental depreciation may be charged to revaluation surplus. Please explain me whether we can charge some por...	wsafca	Accounting and Audit	6	2,833	01-28-2010, 06:21 PM
		Thread: Please need advise IAS 16 paragraph 37 vs 7 and 9 Post: <blockquote id="quote"><font size="1" face="Verdan... quoteOriginally posted by ibin Please assist me on this accounting problem in relation to IAS 16. We have received a query from our Auditors that we expense some of the assets, which we term them ...	wsafca	Accounting and Audit	6	3,472	01-28-2010, 04:42 PM
		Thread: Consolidated Financial Statements Post: Thanks alot dear Thanks alot dear	wsafca	Accounting and Audit	21	14,632	12-11-2009, 04:13 PM
		Thread: Corporate Laws - General questions Post: Corporate Laws - General questions Asalam-o-alikum Can any body help me on this Under what circumstances it justifiable to 1) Not allowing shareholders to make extracts from the register of members on the day on which election...	wsafca	Accounting and Audit	2	2,074	12-10-2009, 04:57 PM
		Thread: Consolidated Financial Statements Post: Asalam-o-alikum Can any body please help me on ... Asalam-o-alikum Can any body please help me on this. If the company holds controlling interest in other company say 60%. Investment cost 100,000 Total capital 100,000 Retained earnings at t...	wsafca	Accounting and Audit	21	14,632	12-10-2009, 04:49 PM
		Thread: NEED HELP FOR CA MODULE D (especially MR.KAMRANACA Post: She is right She is right	wsafca	Career	6	3,833	10-27-2009, 11:55 PM
		Thread: Intangible assets Post: Thanks manni I reached ..... Thanks manni I reached .....	wsafca	Accounting and Audit	10	3,937	10-26-2009, 11:22 PM
		Thread: Intangible assets Post: <blockquote id="quote"><font size="1" face="Verdan... quoteOriginally posted by kamranACA Dear Can you please let us know -what new "features" you are supposed to add on? -what "upgradation" meant for. Is it something inevtitable without which...	wsafca	Accounting and Audit	10	3,937	10-25-2009, 10:25 PM
		Thread: beginner's financial accounting question Post: http//beginnersinvest.about.com/od/incomestatement... http//beginnersinvest.about.com/od/incomestatementanalysis/a/double-declining-balance-depreciation-method.htm I don't feel this method of depreciation is in accordance with IAS 16. An entity s...	wsafca	Accounting and Audit	5	3,337	10-24-2009, 04:07 PM
		Thread: Intangible assets Post: In para 31 of IAS 38, there is a reference to 'inc... In para 31 of IAS 38, there is a reference to 'incidental expenditures'; What does it refer to? Also please consider para 63, refered by para 20 of the same IAS. Regards Ahmed	wsafca	Accounting and Audit	10	3,937	10-24-2009, 03:49 PM
		Thread: Intangible assets Post: Intangible assets A company has some software recognized as 'Intangible'. The software is the source of income, and generating almost 30 to 40 % of the total income. Up-gradtion to enhance its capacity and featur...	wsafca	Accounting and Audit	10	3,937	10-21-2009, 11:58 PM
		Thread: Audit objectives and Auditor's Responsibilities Post: <blockquote id="quote"><font size="1" face="Verdan... quoteOriginally posted by blackrose420 State whether the following are true or false. If false, state the reasons 1. One of the main objectives of Audit is to ensure the financial statements have be...	wsafca	Accounting and Audit	5	5,877	10-21-2009, 12:12 AM
		Thread: Accounting [ IAS-16] Post: Had there been no change in the estimate of useful... Had there been no change in the estimate of useful life of an asset. The remaining life is three years Depreciation for the will be calculated to Rs 23,333 Depreciation expense(Dr)23,333 Accumu...	wsafca	Accounting and Audit	2	2,817	10-21-2009, 12:02 AM
		Thread: Review Report on Code Post: Thanks I have to ask 'DUA', i guess Thanks I have to ask 'DUA', i guess	wsafca	Accounting and Audit	11	4,171	10-20-2009, 11:32 PM
		Thread: Practice questions - Financial Reporting Post: <blockquote id="quote"><font size="1" face="Verdan... quoteOriginally posted by Nauman Use the PBP revision kit Is that enough? Have you used? How can you say?	wsafca	Students	5	2,413	10-17-2009, 04:17 PM
		Thread: Review Report on Code Post: <blockquote id="quote"><font size="1" face="Verdan... quoteOriginally posted by kamranACA Dear Please note the reference of stock exchange regulation given in the format of ICAP is wrong and has to be amended in the light of revision of such regulati...	wsafca	Accounting and Audit	11	4,171	10-17-2009, 04:05 PM
		Thread: Review Report on Code Post: and now what if Someone has issued report and didn... and now what if Someone has issued report and didnt included that paragraph?	wsafca	Accounting and Audit	11	4,171	10-17-2009, 03:38 PM
		Thread: Review Report on Code Post: Thank Star to post the link Can now any body pl... Thank Star to post the link Can now any body please help.	wsafca	Accounting and Audit	11	4,171	10-16-2009, 12:56 AM
		Thread: Review Report on Code Post: Review Report on Code Dear Members Recently on August 11, 2009 ICAP has issued some circular, requiring to further add a Para In the Review Report On Compliance with Code of Corporate Governance. Is it mandatory to i...	wsafca	Accounting and Audit	11	4,171	10-14-2009, 11:56 PM
		Thread: Practice questions - Financial Reporting Post: Thanks Mr. Nauman to Help! Thanks Mr. Nauman to Help!	wsafca	Students	5	2,413	10-14-2009, 11:49 PM
		Thread: Practice questions - Financial Reporting Post: Practice questions - Financial Reporting Can some body please provide me with practice questions for the preparation of Module E exams of CA. Will be thankful Regards Ahmed	wsafca	Students	5	2,413	10-12-2009, 11:40 PM
		Thread: Mistakes are Assets Post: Someone said You will fail many times but in fa... Someone said You will fail many times but in failing you will learn, and in learning you will will find your way.... Remember ! there are no mistakes in life .... only lessons .... and lessons will...	wsafca	General Discussion	9	4,445	10-10-2009, 04:01 PM
		Thread: CHAMPION'S TROPHY - INDIAN SENTIMENTS Post: <blockquote id="quote"><font size="1" face="Verdan... quoteOriginally posted by kamranACA Dushman maray tay khushi na kariyay...... Sajna ve mar jaanaa!!!!! Newzealand won, Pakistani team didn't played well !!!	wsafca	General Discussion	14	7,651	10-04-2009, 03:55 PM
		Thread: Restructuring of Partnership into Private Company Post: Thanks Kamran bhai and all! Discussion has prov... Thanks Kamran bhai and all! Discussion has provided me the solution, that is why i love this forum. Regards Waqas	wsafca	Accounting and Audit	25	12,805	10-03-2009, 12:16 AM
		Thread: Restructuring of Partnership into Private Company Post: Restructuring of Partnership into Private Company Dear all An unregistered partnership business was in place. It was converted into Private limited company. Total assets were taken at ---------Rs. 100,000,000 Total liabilities were taken at...	wsafca	Accounting and Audit	25	12,805	10-01-2009, 05:04 PM
		Thread: Section 208 of Companies ordinance, 1984 Post: Thanks once again Thanks once again	wsafca	Accounting and Audit	7	7,113	10-01-2009, 04:33 PM
		Thread: Section 208 of Companies ordinance, 1984 Post: Thanks Kamran bhai for your comprehensive solution... Thanks Kamran bhai for your comprehensive solution to the situation From point of view of the "Financee" (The company who has 'received' the finance, is there any implication of the fact on Auditor...	wsafca	Accounting and Audit	7	7,113	10-01-2009, 02:00 AM
		Thread: Section 208 of Companies ordinance, 1984 Post: Section 208 of Companies ordinance, 1984 Dear all! and specially Kamran bhai Section 208 implies certain restrictions on investments in associated undertakings. My questions is Two companies that are associated are sharing common of...	wsafca	Accounting and Audit	7	7,113	09-28-2009, 01:56 AM
		Thread: poetry Post: Very nice poetry dear Ammu. Keep it up Very nice poetry dear Ammu. Keep it up	wsafca	General Discussion	739	385,245	09-06-2009, 02:46 AM
		Thread: What to do after F.Sc Post: Why dont you go for ACCA? It is a two years and... Why dont you go for ACCA? It is a two years and 14 papers course. Right after you claim exemptions from CA - Intermediate 11 papers of ICAEW out of 14 Then you may register with any CA fi...	wsafca	Students	2	1,562	08-27-2009, 09:53 PM
		Thread: Need Guidance on CA after B.Com Post: Yes Rabia-k One module is for six months, there... Yes Rabia-k One module is for six months, therefore it takes 2 years to complete first four modules. Thereafter you are eligible to give exams of module E after 1.5 years Thereafter you are e...	wsafca	Students	6	4,606	08-22-2009, 07:45 PM
		Thread: Funded/Unfunded Gratuity and WWF Post: Dear Mr. Kamram Thanx for clarification Can ... Dear Mr. Kamram Thanx for clarification Can you please give me some reference to that stipulation i.e payment of at least one staff retirement benefit. Regards Waqas Shabbir	wsafca	Accounting and Audit	8	19,993	08-22-2009, 07:29 PM
		Thread: Need Guidance on CA after B.Com Post: You can get registered with the Firm and start CA ... You can get registered with the Firm and start CA Benefits 1- I prefer CA over ACCA due to its more scope in Pakistan.(this is my personal opinion) 2- It will cost you less than ACCA ( i am t...	wsafca	Students	6	4,606	08-22-2009, 03:18 AM
		Thread: General Accounting Questions Post: Can any body please explain me, What are the "Loan... Can any body please explain me, What are the "Loan based Project" and "Equity based Projects". I am asking in context of Company Isuuance of share capital rules	wsafca	Accounting and Audit	9	4,378	08-22-2009, 03:03 AM
		Thread: Funded/Unfunded Gratuity and WWF Post: Querry 3 There are several sources WWF receipts ... Querry 3 There are several sources WWF receipts 1-Initial deposit by the Federal Government of Rs, 100 Million 2- 2% of the total income,when the income exceeds Rs. 100,000 in any accounting year....	wsafca	Accounting and Audit	8	19,993	08-22-2009, 02:34 AM
		Thread: Funded/Unfunded Gratuity and WWF Post: Querry 2 I haven't read any stipulation in this re... Querry 2 I haven't read any stipulation in this regard. I had a discussion last time with the PArtner (though not specificaly for this purpose) he mentioned, Provident Gratuity and other benefits are ...	wsafca	Accounting and Audit	8	19,993	08-22-2009, 02:30 AM
		Thread: Funded/Unfunded Gratuity and WWF Post: Querry 1 To my understanding funded gratuity is th... Querry 1 To my understanding funded gratuity is the employee benifit scheme for which, a separate fund, trust or like arrangement has been made. Like OGDCL, Mari Gas and many other has arranged separa...	wsafca	Accounting and Audit	8	19,993	08-22-2009, 02:25 AM
		Thread: General Accounting Questions Post: IAS 21 somewhere mentions that The primary econ... IAS 21 somewhere mentions that The primary economic environment in which an entity operates is normally the one in which it primarily generates and expends cash. I think in the present scenario ...	wsafca	Accounting and Audit	9	4,378	08-22-2009, 12:25 AM
		Thread: IAS7-Cashflow statement Post: I would love to have it for my practice, if you ma... I would love to have it for my practice, if you may please send me this as well? Regards Waqas	wsafca	Accounting and Audit	4	3,558	08-21-2009, 04:04 AM
		Thread: General Accounting Questions Post: Thanks alot to you both I have one confusion, i... Thanks alot to you both I have one confusion, if you please reconsider and specifically clear. As the company receives funds in foreign currency and incur expenditure in Pak Rupees. Isn't in thi...	wsafca	Accounting and Audit	9	4,378	08-21-2009, 01:02 AM
		Thread: Help about CA Post: You would know better whether you can manage or no... You would know better whether you can manage or not.. CA demands your attention,concentration and time. I would not be able to manage time, if I had to teach some subject other than that of course ...	wsafca	Students	9	2,524	08-19-2009, 11:46 PM
		Thread: Fully depreciated assets Post: I think, it depends upon the management intent to ... I think, it depends upon the management intent to use revaluation model or the cost model. I would like to mention one which might be relevent that.. If management intends to revalue one asset, ...	wsafca	Accounting and Audit	4	5,060	08-19-2009, 11:40 PM
		Thread: General Accounting Questions Post: Would some body please help? Kamran bhai where ... Would some body please help? Kamran bhai where are you Faisal, Bilal and awais, I think you all can help at least	wsafca	Accounting and Audit	9	4,378	08-19-2009, 11:32 PM
		Thread: What to do in Commerce after Fsc? Post: You go this way or that Best of luck and best w... You go this way or that Best of luck and best wishes for your future Regards Waqas	wsafca	Students	40	15,382	08-19-2009, 11:29 PM
		Thread: Questions regarding Assets and Depreciation Post: Dear Kamran bhai I got your point.. I think ... Dear Kamran bhai I got your point.. I think i am waek in english, thats why people could not understand what i says. I didnot said, IAS 24 allows this and that. I was actualy asking IAS 24 mu...	wsafca	Accounting and Audit	12	8,914	08-19-2009, 11:17 PM
		Thread: Help about CA Post: Dear Mr. Ali CA is not very difficult, but it r... Dear Mr. Ali CA is not very difficult, but it requires attention. There are no new rules or methodologies for this, just follow this 1- Take classes regularly and actively participate in discuss...	wsafca	Students	9	2,524	08-19-2009, 02:15 AM

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