Wednesday, April 24, 2024
10:06 PM (GMT +5)

Go Back   CSS Forums > CSS Past Papers > CSS Papers (1971-2017) > CSS 2012 Papers
Accountancy And Auditing Papers-2012 Accountancy And Auditing Papers-2012

Reply Share Thread: Submit Thread to Facebook Facebook     Submit Thread to Twitter Twitter     Submit Thread to Google+ Google+    
Page 2 of 4 1 2 34
 
LinkBack Thread Tools Search this Thread
  #11  
Old Saturday, August 11, 2012
Member
  
Join Date: Mar 2012
Location: Sukkur
Posts: 33
Thanks: 17
Thanked 8 Times in 5 Posts
rushna khalil is on a distinguished road
Default
Sir tell me one thing....in the income tax section they have asked to calculate the taxable income for a period ending june 2008...how did u solve this problem....i mean u must had gone through the tax slabs and tax rates of the tax year 2011-2012...n for this question u must have a knowledge regarding tax rates of 2008-2009...den how did u solve this question.....kindly rpl
__________________
It is the patriotic duty of every man to lie for his country.
Reply With Quote
  #12  
Old Monday, August 13, 2012
Member
  
Join Date: Mar 2012
Location: Sukkur
Posts: 33
Thanks: 17
Thanked 8 Times in 5 Posts
rushna khalil is on a distinguished road
Default
plz somebody answer my query
__________________
It is the patriotic duty of every man to lie for his country.
Reply With Quote
  #13  
Old Monday, August 13, 2012
Ahmed Faisal's Avatar
Senior Member
  
Join Date: Feb 2012
Location: Quetta
Posts: 470
Thanks: 271
Thanked 413 Times in 269 Posts
Ahmed Faisal has a spectacular aura aboutAhmed Faisal has a spectacular aura about
Default
Quote:
Originally Posted by rushna khalil View Post
plz somebody answer my query
i wish i could answer, but i am still pondering over this subject to opt. for one thing, there are very few to guide us... keep going and hope for the best.
__________________
"Our Lord, give us the good in this world and the good in the hereafter." (Al-Qur'an, 2:201).
Reply With Quote
  #14  
Old Monday, August 13, 2012
sidogar's Avatar
Senior Member
  
Join Date: Aug 2010
Location: Islamabad
Posts: 253
Thanks: 41
Thanked 90 Times in 70 Posts
sidogar is on a distinguished road
Default
Quote:
Originally Posted by Ahmed Faisal View Post
i wish i could answer, but i am still pondering over this subject to opt. for one thing, there are very few to guide us... keep going and hope for the best.
I do not know why you are confused to choose this subject
__________________
Life is a Comedy if you feel, and tragedy if you think
Reply With Quote
  #15  
Old Monday, August 13, 2012
sarfaraz shami's Avatar
40th CTP (FSP)
CSP Medal: Awarded to those Members of the forum who are serving CSP Officers - Issue reason: CE 2011 - Merit 104. CE 2012 - Merit 56
  
Join Date: May 2009
Location: Ali Pur Chattha-Gujranwala, STI Islamabad
Posts: 718
Thanks: 762
Thanked 549 Times in 327 Posts
sarfaraz shami has a spectacular aura aboutsarfaraz shami has a spectacular aura aboutsarfaraz shami has a spectacular aura about
Default
Quote:
Originally Posted by rushna khalil View Post
Sir tell me one thing....in the income tax section they have asked to calculate the taxable income for a period ending june 2008...how did u solve this problem....i mean u must had gone through the tax slabs and tax rates of the tax year 2011-2012...n for this question u must have a knowledge regarding tax rates of 2008-2009...den how did u solve this question.....kindly rpl
Calculation of taxable income do not require any tax rates. If examiner ask to calculate the income tax payble then reates are required. And examiner normaly asks about taxable income not income tax payable. If he would ask to calculate income tax payable then he will ask about recent year. I.e CE-2013 then tax year ending 2012. Further queries are welcome.
__________________
Don't wait, feel happiness right at the moment as wait will never end.
Reply With Quote
  #16  
Old Monday, August 13, 2012
Ahmed Faisal's Avatar
Senior Member
  
Join Date: Feb 2012
Location: Quetta
Posts: 470
Thanks: 271
Thanked 413 Times in 269 Posts
Ahmed Faisal has a spectacular aura aboutAhmed Faisal has a spectacular aura about
Default
Quote:
Originally Posted by sidogar View Post
I do not know why you are confused to choose this subject
I am confused, because from where should i start...i.e., i studies these books in my academic years..
Principle of Accounting by meigs and meigs
Advance Accounting by M.A Ghani
Cost Accounting (7th Edition) by Adolph Matz, Phd, Milton F.usry, PHD, CPA
Auditing by Professor Dr. khuwaja Amjad Saeed.
Taxation by Muhammad muazzam Mughal.
My Question is that are these book are sufficient and what chapters should i have to prepare from these book.
another question is that is there any manual of these books are available...
Bro sirfraz and others kindly help in this regard.
__________________
"Our Lord, give us the good in this world and the good in the hereafter." (Al-Qur'an, 2:201).
Reply With Quote
  #17  
Old Monday, August 13, 2012
sarfaraz shami's Avatar
40th CTP (FSP)
CSP Medal: Awarded to those Members of the forum who are serving CSP Officers - Issue reason: CE 2011 - Merit 104. CE 2012 - Merit 56
  
Join Date: May 2009
Location: Ali Pur Chattha-Gujranwala, STI Islamabad
Posts: 718
Thanks: 762
Thanked 549 Times in 327 Posts
sarfaraz shami has a spectacular aura aboutsarfaraz shami has a spectacular aura aboutsarfaraz shami has a spectacular aura about
Default
Quote:
Originally Posted by Ahmed Faisal View Post
I am confused, because from where should i start...i.e., i studies these books in my academic years..
Principle of Accounting by meigs and meigs
Advance Accounting by M.A Ghani
Cost Accounting (7th Edition) by Adolph Matz, Phd, Milton F.usry, PHD, CPA
Auditing by Professor Dr. khuwaja Amjad Saeed.
Taxation by Muhammad muazzam Mughal.
My Question is that are these book are sufficient and what chapters should i have to prepare from these book.
another question is that is there any manual of these books are available...
Bro sirfraz and others kindly help in this regard.
please visit thread "How to Prepare Accounting" in accounting and auditing section. Complete detail alongwith chapters/books is there.
__________________
Don't wait, feel happiness right at the moment as wait will never end.
Reply With Quote
The Following 2 Users Say Thank You to sarfaraz shami For This Useful Post:
Ahmed Faisal (Monday, August 13, 2012), Mushgaan ahmed (Sunday, September 30, 2012)
  #18  
Old Tuesday, August 14, 2012
Member
  
Join Date: Mar 2012
Location: Sukkur
Posts: 33
Thanks: 17
Thanked 8 Times in 5 Posts
rushna khalil is on a distinguished road
Default
Sir even for the taxable income, we require the current tax slab.....as far as I know the tax slabs are revised every year....so even though you are required to calculate taxable income only, then also u must have the knowledge of current tax slab....anyways thanx for ur answer......n mu next query is whether taxable income is the net income after tax exemption or before exemption.....if t is before exemption then surely we dont need to have a knowledge of current tax slabs.....i will be thankful to u if u clear dis point...
__________________
It is the patriotic duty of every man to lie for his country.
Reply With Quote
  #19  
Old Tuesday, August 14, 2012
sarfaraz shami's Avatar
40th CTP (FSP)
CSP Medal: Awarded to those Members of the forum who are serving CSP Officers - Issue reason: CE 2011 - Merit 104. CE 2012 - Merit 56
  
Join Date: May 2009
Location: Ali Pur Chattha-Gujranwala, STI Islamabad
Posts: 718
Thanks: 762
Thanked 549 Times in 327 Posts
sarfaraz shami has a spectacular aura aboutsarfaraz shami has a spectacular aura aboutsarfaraz shami has a spectacular aura about
Default
Quote:
Originally Posted by rushna khalil View Post
Sir even for the taxable income, we require the current tax slab.....as far as I know the tax slabs are revised every year....so even though you are required to calculate taxable income only, then also u must have the knowledge of current tax slab....anyways thanx for ur answer......n mu next query is whether taxable income is the net income after tax exemption or before exemption.....if t is before exemption then surely we dont need to have a knowledge of current tax slabs.....i will be thankful to u if u clear dis point...
no tax slabs required for calculation of taxable income and thats 100% sure. And taxable income is after deduction of all exemptions from the income. However tax credits required knowledge of slabs, and examiner normaly does not ask about that. Start your preparation you will get 16-20 even if you do not calculate the tax payable.
__________________
Don't wait, feel happiness right at the moment as wait will never end.
Reply With Quote
  #20  
Old Tuesday, September 11, 2012
Member
  
Join Date: Aug 2012
Location: Jhang
Posts: 61
Thanks: 13
Thanked 18 Times in 12 Posts
xepan is on a distinguished road
Default Paper 1 question 8, Ratios???
Question # 8 of Paper 1 kahan sy aa gaya hy yaar. I mean I have a book for accounting named "Principles of Accounting" by M.A. Ghani and there is no chapter showing any kind of ratios like current ratio, liquidity ratio etc etc. Should I buy another book. If yes then which one. Also recommend any book for Paper II jis ki main ny abhi tayyari karni hy
Reply With Quote
Reply
Page 2 of 4 1 2 34

Tags
2012, past papers

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Accountancy and Auditing Papers 2005 Last Island CSS 2005 Papers 2 Tuesday, October 15, 2013 11:59 PM
Accountancy and Auditing Papers 2007 Last Island CSS 2007 Papers 1 Thursday, October 11, 2007 12:15 AM
Accountancy and Auditing Papers 2004 Last Island CSS 2004 Papers 1 Wednesday, July 25, 2007 03:58 AM
Accountancy and Auditing Papers 2002 Last Island CSS 2002 Papers 1 Tuesday, July 24, 2007 01:17 PM

CSS Forum - Privacy Statement - Terms of Service - Top

CSS Forum on Facebook Follow CSS Forum on Twitter

Disclaimer: All messages made available as part of this discussion group (including any bulletin boards and chat rooms) and any opinions, advice, statements or other information contained in any messages posted or transmitted by any third party are the responsibility of the author of that message and not of CSSForum.com.pk (unless CSSForum.com.pk is specifically identified as the author of the message). The fact that a particular message is posted on or transmitted using this web site does not mean that CSSForum has endorsed that message in any way or verified the accuracy, completeness or usefulness of any message. We encourage visitors to the forum to report any objectionable message in site feedback. This forum is not monitored 24/7.

Sponsors: ArgusVision   vBulletin, Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.