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349 senior auditor BS-16 posts in Audit department announced by FPSC 349 senior auditor BS-16 posts in Audit department announced by FPSC

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  #421  
Old Monday, June 06, 2016
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The test was totally out of syllabus. Examiner didn't even touch the topics like PPRA, PENSION, AUDIT OBJECTIONS, SUPPLEMENTARY GRANT , RE-APPROPRIATION, ANNUAL BUDGET....

This test was not being taken for a listed company as many of the questions asked about shares, directors of the company etc. , which was totally irrelevant.

FPSC has once again violated the rules and played with the future of thousands of aspirants . It also proves the level of incompetency of FPSC.
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  #422  
Old Monday, June 06, 2016
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Default Defrd tax
Plz share da reason of recording defrd tax as liabilty not asset in my openion it shold be asset
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  #423  
Old Monday, June 06, 2016
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Quote:
Originally Posted by khattakmbl View Post
Any one plz mention correct ans as for recording cash sale we use cash book r journal
We should record with a journal entry
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  #424  
Old Monday, June 06, 2016
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Any idea about merit?
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  #425  
Old Monday, June 06, 2016
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I think 70 marks could be good enough.. but that is only a guess.
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  #426  
Old Monday, June 06, 2016
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Default 2nd batch test
2nd batch test was easy one. Most of the questions are graduate level
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  #427  
Old Monday, June 06, 2016
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Default Accounting standrd in pakistan
Both A&B are correct means both international accounting standrd used in pakistan and company law 1984,plz discuss
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  #428  
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Default Recording cash sale
I also choose journal bt I think it should b cash book as cash book is also kind of journa
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  #429  
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I think merit will b above 80%as competition is so tough
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  #430  
Old Monday, June 06, 2016
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Quote:
Originally Posted by khattakmbl View Post
Plz share da reason of recording defrd tax as liabilty not asset in my openion it shold be asset
Usually we pay tax to the tax authority in the period in which company earn profit but when you defer to pay the tax it becomes your obligation which means it becomes your liability to pay in future.
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