1.2 Purpose of the Framework
. The main purpose of the framework is:
(a) To assist enterprises in preparation of their financial statements in compliance with the
(b) To assist ASB in its task of development and review of accounting s
THE PAYMENT OF GRATUITY ACT, 1972
1. Examining the provisions of the Payment of Gratuity Act, 1972, state whether gratuity is payable to an
employee for the periods when he does not actually work in the organisation. Explain the manner in
which gratuity i
6. The Companies Act, 2013
UNIT 1: PRELIINARY
Company and Lifting of the Corporate Veil
What is a company?
A company is a person separate from its members. Explain.
Examine the circumstances under which the Courts may disregard the C
SI= Simple Interest
P= Principal amount
I= Interest rate per time period (in
n= number of time periods
2. Capital Structure Ratios
CA - IPCC Rapid Revision Notes
1. Nature of Company
Company - As per Section 2(20) Company means a company incorporated under this
act or any other previous acts
Features of the company
With minimum number of members
BUSINESS ETHICES FOR IPCC/PCC
1. Explain the meaning of the terms 'ethics' and 'business ethics' and also state the requirements
of 'business ethics'.
Ethics: The term 'Ethics' has a variety of meanings. One of the meanings is 'Ethics' are the
BUSINESS COMMUNICATION FOR IPCC/PCC
1. What is formal communication? Explain in brief its major advantages.
A formal communication flows along prescribed channels which all organizational members
desirous of communicating with one another are oblig
THE EMPLOYEES PROVIDENT FUND AND MISC.
PROVISIONS ACT 1952
QUESTIONS AND ANSWERS
1. State whether the following statements are true or false and give reasons there for with reference to the
Employees Provident Funds and Miscellaneous Provisions Act,
THE PAYMENT OF BONUS ACT, 1965
1. State whether the following statements are true or false and give reasons therefor
with reference to the Payment of Bonus Act, 1965.
(i). The maximum bonus payable to employees is limited to the available surplus.
Your situation seems complicated. But its never too complicated to get yourself out. It is easy to
become discouraged when there are complications. With the right mindset you can get yourself out of
any situation. There are some tactics that
Risk and Return: Past
The Goals of Chapter 5
Introduce methods to calculate the holding
period return (HRP, )
Introduce the estimation of risk (the uncertainty
of returns) and the risk premium ( )
Show the historical return-risk p