What are the legal requirements for preparing company final accounts as per Companies (Amendment) Act, 1988?
Question:
What are the legal requirements for preparing company final accounts as per Companies (Amendment) Act, 1988?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 37% (8 reviews)
The Companies Amendment Act 1988 introduced various changes and amendments to the Companies Act 1956 which governed company law in India at that time While the Companies Act 1956 has been replaced by ...View the full answer
Answered By
Krishnavendra Y
I am a self motivated financial professional knowledgeable in; preparation of financial reports, reconciling and managing accounts, maintaining cash flows, budgets, among other financial reports. I possess strong analytical skills with high attention to detail and accuracy. I am able to act quickly and effectively when dealing with challenging situations. I have the ability to form positive relationships with colleagues and I believe that team work is great key to performance. I always deliver quality, detailed, original (0% plagiarism), well-researched and critically analyzed papers.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What are the legal requirements for a third party to sue an auditor under Section 10 and Rule 10b-5 of the Securities Exchange Act of 1934? How do these requirements relate to the Hochfelder decision?
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Research and comply with regulatory requirements This assessment is one form of assessment type that is used to collect evidence and will count towards gaining competence toward this unit. To...
-
Find the slopes of the curves at the given points. Sketch the curves along with their tangents at these points. r = sin 2; = /4, 3/4
-
Other than borrowing more moneyincreasing the beginning balance of the bank accountwhat could the company in Examples 14-1 through 14-5 do to ensure that it had enough funds to prevent the bank...
-
The following trial balance was taken from the books of Michael Seymour after one years trading. You are required to prepare a trading and profit and loss account and balance sheet for the year...
-
Babe Ruths home runs. Here are the numbers of home runs that Babe Ruth hit in his 15 years with the New York Yankees, 1920 to 1934: 54 59 35 41 46 25 47 60 54 46 49 46 41 34 22 Make a stemplot of...
-
Are Americans superstitious? A Harris (Feb. 2013) poll of over 2,000 adult Americans was designed to answer this question. One survey item concerned the phrase "see a penny, pick it up, all day long...
-
Check my work Required information Problem 5-46 (LO 5-1) (The following information applies to the questions displayed below. Louis files as a single taxpayer. In April of this year he received a...
-
Gain on sale of fixed assets is shown in the statement of Profit & Loss as: (a). Other income (b). Revenue from operations (c). Any of the above (d). None of the above
-
Expenses incurred for the employees are called as ____________.
-
Bone consists of the protein collagen and the mineral hydroxyapatite, Ca 10 (PO 4 ) 6 (OH) 2 . The Pb content of archaeological human skeletons measured by graphite furnace atomic absorption sheds...
-
Your company has a Microsoft 365 E5 subscription. You need to review the Advanced Analysis tab on emails detected by Microsoft Defender for Office 365. What type of threat policy should you...
-
(a) The Bright company is evaluating a project which will cost Rs 1,00,000 and will have no salvage value at the end of its 5-year life. The project will save costs of Rs. 40,000 a year. The company...
-
Dispatcher Collins is retiring after 30 years on the job. If each of the 38 officers in the department contributes $9 for a retirement gift, what is the total amount that could be spent on this gift
-
XYZ CO Adjusted Trial Balance Debit Credit Cash Accounts receivable Office supplies Prepaid rent $ 40 850 1 490 1 530 4 000 Office equipment Accumulated Depreciation Accounts payable 7 000 $ 450 1...
-
What positive outcomes could result from implementing job enlargement, job rotation, and job enrichment in an organization with which you are familiar? What objections or obstacles might be...
-
Discuss what you have learned about technical and business communications. Describe which area of technical communications was most important to you, and explain why. In your post, address some or...
-
Bonus shares can be issued out of revenue reserves. True/False?
-
The following information relates to the business of Progressive Ltd for the year ended 31st December, 2015 : (i) The trading results disclosed an operating profit of 2,50,000. (ii) The position of...
-
The following are the summaries of the Balance Sheets of AB Ltd. as on 31st December, 2014 and 31st December, 2015: The following additional information is obtained from the General Ledger: (i)...
-
The following is the Balance Sheet of Ganesh Mills Ltd.: The following transactions took place during the year 2015: (a) Preference shares were redeemed at 10% premium. (b) 20,000 were transferred...
-
En prenant un exemple de votre choix, montrer comment on value un swap de taux de change.
-
How much would you need to invest today in order to receive: a. $10,000 in 5 years at 11%? b. $11,000 in 12 years at 8%? c. $12,000 each year for 10 years at 8%? d. $12,000 at the beginning of each...
-
A company that manufactures pulse Doppler insertion flow meters uses the Straight Line method for book depreciation purposes. Newly acquired equipment has a first cost of $190,000 with a 3-year life...
Study smarter with the SolutionInn App