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Post Author Forum Replies Views Posted [asc]
  Thread: Accounting Treatment of Retention Money
Post: Accounting Treatment of Retention Money

What would be the accounting treatment for retention money in construction projects? Should we record retained amount as liability or not? If; Yes - What if the contractor doesn't complete the wor...
A380 Accounting and Audit 6 10,137 12-10-2009, 06:37 PM
  Thread: Tool to assess impact of financial crisis
Post: Tool to assess impact of financial crisis

Can any one suggest any tool available on internet to assess impact of on going financial crisis on the performance of the company.
A380 Accounting and Audit 1 1,812 12-04-2008, 03:52 PM
  Thread: Reference Books on Internal Auditing
Post: Reference Books on Internal Auditing

Can anybody suggest me some good reference books on internal auditing.
A380 Accounting and Audit 7 4,912 11-13-2008, 07:58 PM
  Thread: Section 8, Explanation Required
Post: Section 8, Explanation Required

Sorry for producing tax topic in accounting section as i feared posting in the relevant section could delay the response. Can anyone explain Section 8 (a). [i]Section 8. Tax credit not al...
A380 Accounting and Audit 2 2,276 04-05-2008, 02:42 AM
  Thread: Section 8: Explanation Required
Post: Section 8: Explanation Required

Can anyone explain Section 8 (a). Reproduction of Subsection. Section 8. Tax credit not allowed.-- (1) Notwithstanding anything contained in this Act, a registered person shall not be...
A380 Tax 4 3,193 04-05-2008, 02:36 AM
  Thread: Finance Cost??
Post: Finance Cost??

Can anyone tell me as per which rule finance charges (incurred on the purchase of assets) are required to be separated from the other cost related to the same purchase and disclosed separately in fin...
A380 Accounting and Audit 4 3,128 06-27-2007, 05:38 AM
  Thread: Revaluation
Post: Revaluation

If capital expenditure is a cost to be allocated in more than one period for the economic benefits drawn in those periods, then why revaluation is allowed and what is the exact purpose of allowing suc...
A380 Accounting and Audit 2 2,295 05-27-2007, 05:55 AM
  Thread: Best Invesment - What do you think?
Post: Best Invesment - What do you think?

Based on economic conditions in Pakistan, what do you think is the best way to invest money? Comment with reason.. Real Estate? Securities? Bank Deposits? Governement Saving Schemes? Gold? Ot...
A380 Accounting and Audit 13 5,801 05-13-2007, 11:33 PM
  Thread: Earning potential of an ACCA as auditor in UAE
Post: Agree with Kamran accomodation is getting more exp...

Agree with Kamran accomodation is getting more expensive day by day and currently rent is around 3000-4000 of one furnished room + kitchen + bathroom in an avg area and is expected to increase extensi...
A380 Career 14 11,526 05-13-2007, 10:25 PM
  Thread: Real and Nominal Rate
Post: WHat do u mean by SBP's return Can u explain in ...

WHat do u mean by SBP's return Can u explain in brief "Lending bank's spread" Also bank states KIBOR + X bps agreements. What is bps?
A380 Accounting and Audit 22 15,733 04-26-2007, 02:58 AM
  Thread: Real and Nominal Rate
Post: Real and Nominal Rate

Fin. Institutes offers profits on investment at specified rates. It is in practice that these rates are the nominal rates and not the real rates of return. I would like anybody to explain how can we c...
A380 Accounting and Audit 22 15,733 04-22-2007, 08:10 PM
  Thread: Who decides about Depreciation rates?
Post: Who decides about Depreciation rates?

In Pakistan, which body decides the depreciation rates of fixed assets? or its just a generally accepted practice. Why dep rates are different in accounting and tax treatment in some cases.?
A380 Accounting and Audit 7 6,756 12-31-2006, 03:43 AM
  Thread: Letter of Credit and Financial Statement
Post: And what about L/C acceptance. Which is shown as a...

And what about L/C acceptance. Which is shown as a liability.
A380 Accounting and Audit 4 5,105 12-14-2006, 11:49 PM
  Thread: Letter of Credit and Financial Statement
Post: Letter of Credit and Financial Statement

L/C Usance, L/C at sight, L/C acceptance, L/C...etc Can anybody explain these terms. The bank confirmation at the year end shows balances in respect of these headings of L/C. In the Financial Stateme...
A380 Accounting and Audit 4 5,105 12-10-2006, 04:57 AM
  Thread: Jobs in Banks (allowed or not allowed)
Post: <blockquote id="quote"><font size="1" face="Verdan...

quotePracs All I see here is kids, wet behind the ears, not tuned with real life He got MBA Finance degree when he was 1 year old.
A380 Career 36 19,789 12-06-2006, 04:46 AM
  Thread: Jobs in Banks (allowed or not allowed)
Post: Salam So why should not we all give our suggestio...

Salam So why should not we all give our suggestion regarding the alternative of the banking system or atleast alternative of conventional banking system. We should also encorage "Beyond_instincts" t...
A380 Career 36 19,789 12-05-2006, 05:03 PM
  Thread: Interest Rates & Inflation
Post: Can u explain me technically?

Can u explain me technically?
A380 Accounting and Audit 9 5,887 12-05-2006, 03:54 AM
  Thread: Interest Rates & Inflation
Post: Interest Rates & Inflation

Is there any connection between inflation rate and interest rates? Can we correlate them? Can anybody give the answer?
A380 Accounting and Audit 9 5,887 12-04-2006, 04:27 AM
  Thread: Input Tax - A Question
Post: Input Tax - A Question

Salam On what goods and on what criteria a sales tax on purchases can be claimable/adjustable? Can we claim/adjust sales tax on purchase of Fixed Asset?
A380 Tax 5 3,966 12-02-2006, 07:40 PM
  Thread: Oracle 11i vs SAP
Post: Oracle 11i vs SAP

What are the differences between Oracle 11i ERP and SAP ERP? and what are their main characteristics and features? Can anybody compare them here? Thanks
A380 Technology 2 4,225 11-26-2006, 04:20 AM
  Thread: Procedure for Opening a L/C for Imports
Post: Procedure for Opening a L/C for Imports

What is the procedure for opening L/C. What is the complete procedure for imports and what are relevant documents involved.
A380 Accounting and Audit 4 4,545 11-26-2006, 04:17 AM

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