Answer Posted / r.sivaraman

The difference between current assets and fixed assets as
follows:

Current assets are flexible in nature, easy to encashable
and floting money to company whereas

Fixed assets are Fixed in nature in other words non-moving
assets, not easy to encash, regularly depreciated.

Classification:

Current assets:

Cash - at hand and at bank
Inventories
Sundry Debtors
Advance and Deposits

Fixed Assets:

Land and Building
Furniture and Fittings
Tools and tackles
Plant and Machinery
Computer ( including assessories and UPS)

How to Computation Advance Tax For First Quarter

2160

---

Explain the importance of evaluating an internal audit department?

1021

---

is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me

2230

---

i am working in a company as wholesale in saudi arabia.i am one of the new.we are supplying to some hyper market. they will issue the money as cheque and they will send the cheque amount and invoice details also.then how can i reconcile our statement with use of that cheque details

1469

---

Explain the difference between internal audit and statutory audit?

1161

---

What sort of image do you have?

1939

---

central excise all question

2529

---

Why does a systems auditor need to use professional judgement when selecting audit procedures?

1057

---

Explain intangible assets?

1245

---

What is the difference between internal audit and statutory audit?

1182

---

What is an audit process?

1144

---

how to prepare the internal audit sheet ? explain me with example. (take example of LOGISTICS& SUPPLYCHAIN MANGEMENT COMPANY)

3487

---

what audit procedure i can do in the share capital account of a company and why it have been apply?

4163

---

What is final audit?

1105

---

When should a company sack its auditor?

2091

---