Friday, 27 May 2011

[accountants_forum] Digest Number 2726

Messages In This Digest (14 Messages)

1.
Capital and Revenue Items PART 1 From: khalid aziz
2.
Jobs in Saudia From: Mansoor Ahmad
3.
Jobs in Bahrain From: Mansoor Ahmad
4.
PArt-Time Jobs for Inter-Commerce and B.Com Students From: Sabir Husein
5.
Fw: Chopping down the Amazon From: Muhammad Zahid Inam
6.
Position of Assistant Manager Engineering Special Projects From: burhanbawa
7.
RBI's Platform for Research From: Anand Wadadekar
8a.
Jobs in Qatar From: Mansoor Ahmad
9.
Front Desk Officer (Female) From: azizasrani@yahoo.com
10.
Position of Assistant Manager Production and Maintenance From: burhanbawa
11.
Required Call Center Agents From: azizasrani@yahoo.com
12a.
jobs From: abdullah5650
13.
Required Material Manager From: azizasrani@yahoo.com
14.
Required Zonal Manager Sales From: azizasrani@yahoo.com

Messages

1.

Capital and Revenue Items PART 1

Posted by: "khalid aziz" khalid_a_aziz@yahoo.com   khalid_a_aziz

Fri May 27, 2011 2:45 am (PDT)



Capital and Revenue Items
 
Difference between capital and revenue expenditures affects the fundamental principle of correct accounting. Proper adjustments are necessary before preparation of the final accounts. All items of capital and expenditure will find place in the balance sheet whereas all items of revenue expenditure will be included in the profit and loss account. If any incorrect adjustment or allocation is made between these expenditures, this will falsify  the final results as disclosed by the revenue account or the balance sheet.
 
Capital Expenditures:
 
Expenditure means the amount spent. All capital expenditures represent either an asset or liability and are shown in the balance sheet.
Any expenditure incurred for the following purposes is capital expenditure:

For acquiring fixed assets such as land, building, plant and machinery, furniture and fitting and motor vehicles. These assets should not be acquired with a view to resell them at a profit but to retain in the business. The cost of fixed asset would include all expenditure up to the asset becomes ready for use.

For making improvement and extensions to the fixed asset e.g., additions to buildings.

For increasing the earning capacity of a business or for reducing the cost of manufacture, administration or distribution in a business e.g., expenditure incurred in removing the business to a central locality or compensation paid to retrenched employee.

For raising capital monies for the business such as brokerage paid for arranging loans, discount on issue of shares and debentures, underwriting commission etc.
All capital expenditures represent either an asset or liability and are shown in the balance sheet.
List of Capital Expenditures - (Examples of Capital Expenditures):
The following is a list of the usual items of capital expenditures:

Cost of goodwill.

Cost of freehold land and building and the legal charges incurred in this connection.

Cost of lease.

Cost of machineries, plants, tools, fixtures, etc.

Cost of trade marks, patents, copy rights, designs, etc.

Cost of car, lorry etc.

Cost of installation of lights and fans.

Cost of any other assets acquired by way of equipment.

Erection cost of plant and machinery.

Cost of addition to existing assets.

Structural improvements and alteration in the existing assets.

Expenses for developments in case of mines and plantations.

Expenses for administration incurred during construction and equipment of any industrial enterprise.

Expenses incurred in experimenting which finally result in the acquisition of a patent or other rights.

 

KHALID AZIZ
 
VISIT MY PAKISTAN
 
VISIT MA-ECONOMICS
 
VISIT SPORTS & ENTERTAINMENT
 
JOIN COST ACCOUNTANTS
 
JOIN KHALID AZIZ ON FACE BOOK 

 
0322-3385752 
0300-2540827
0312-2302870

Karachi.

Pakistan.
KHALID AZIZ
0322-3385752
0312-2302870
COACHING CLASSES
ACCOUNTING OF ICMAP 1,2,3,4
CA.MOD A,B,C,D
PIPFA
CAT T1,T2,T3,T4,T5,T6,T7,T8
ACCA F1,F2,F3,F5,F8,P1,P7
ACCOUNTING O/A LEVEL
BBA
MBA
B.COM & M.COM
MICRO ECONOMICS & STATISTICS OF MA-ECONOMICS

EDUCATION IS OUR NATION'S SWORD

2.

Jobs in Saudia

Posted by: "Mansoor Ahmad" mansoor.ahmed1987@gmail.com

Fri May 27, 2011 2:46 am (PDT)

3.

Jobs in Bahrain

Posted by: "Mansoor Ahmad" mansoor.ahmed1987@gmail.com

Fri May 27, 2011 2:46 am (PDT)

4.

PArt-Time Jobs for Inter-Commerce and B.Com Students

Posted by: "Sabir Husein" sabiranjarwala@yahoo.com   sabiranjarwala

Fri May 27, 2011 2:46 am (PDT)



Earn While You Learn

This is a unique opportunity for all those students who has started their college life and wants to earn while they learn. Just send your details:

Name:

Address:

Class in which studying :

Regular College student Or Private :

Name of College:

Email Address:

Email address of any 3 college class mates for reference:

We will contact short listed candidates within 5 days.

5.

Fw: Chopping down the Amazon

Posted by: "Muhammad Zahid Inam" zahid.inam@yahoo.com   financial_activist

Fri May 27, 2011 2:46 am (PDT)




>
>
>
>Making sense of the numbers on the Brazilian Amazon
>
>
>UNDERSTANDING what is happening to the world's largest tropical forest is hard: efforts to monitor deforestation in the Amazon are hampered by cloud cover, which can prevent satellites from getting a full picture of what's happening on the ground. The numbers also tend to ping around month by month, prompting alarm among conservationists one month and triumphalism from Brazil's government, which tries to prevent illegal logging, the next. The most recent release from Brazil's National Institute for Space Research showed a 473% increase in deforestation during March and April 2011 compared with the same period last year. This sounds alarming, and it may well turn out to be so. But it also comes in the context of falling deforestation. It will probably be a couple of years before it is possible to tell for sure whether the government's proposal to regularise land tenure in the Amazon region is resulting in more active chainsaws there.

>
>
>
>
>
6.

Position of Assistant Manager Engineering Special Projects

Posted by: "burhanbawa" burhanbawa@hotmail.com   burhanbawa

Fri May 27, 2011 2:46 am (PDT)



Dear Members

We are urgently looking for a Assistant Manager Engineering Special Projects, for one of our clients in FMCG.The incumbent should be Bachelor of Engineering(Industrial/Mechanical/Electrical).MS Engineering or MBA preferred.

Experience
3-5 years of relevant experience

A congenial working environment and competitive compensation packages will be offered to the selected candidates.

Kindly send us the C.Vs at bu@tloglobal.com
Sincerely

Burhan Bawa
MBA(HR).MSc
Human Resource Consultant
The Learning Organization
Suite #206, The Square
Shaheed-e-Millat Road
Karachi - 74800 Phone: 34948043, 34948053
Website: http://www.tloglobal.com/

7.

RBI's Platform for Research

Posted by: "Anand Wadadekar" anandwadadekar@gmail.com   anand_wadadekar

Fri May 27, 2011 2:47 am (PDT)



*RBI's Research Wing Plans to Play Growth Catalyst to Financial Sector,
Policy Makers *

*The Reserve Bank of India plans to position the Centre for Advanced
Financial Research and Learning — or CAFRAL — promoted by it, as a top-rung
research institute to cater to policy makers and the financial sector.
The centre, which is headed by former deputy governor of RBI Usha Thorat,
will for the first time provide a platform for academics, researchers and
practitioners to explore and carry out research on policy and regulatory
issues in banking and finance.*

Ms Thorat told ET that besides research reports, the centre plans to conduct
workshops, seminars and conferences regularly. The institute will flag off
its initiative by hosting a conference with CEOs from commercial banks on
May 28 on 'Business strategy in the emerging regulatory landscape'. The new
research centre hopes to sensitize banks on how to adopt a risk management
framework for driving strategy and capital planning by hosting this meeting.

The centre will also partner with the Bank for International Settlements, or
BIS, to host a conference in November this year on financial sector
regulation and its implications for growth, equity and stability in the
post-crisis world. The aim, according to Ms Thorat, is to provide a better
perspective on emerging market economies. For many emerging market
economies, the challenges now revolve around maintaining a higher growth in
the new regulatory framework. The BIS and CAFRAL meeting will flag off
issues which could have an impact on emerging markets in terms of growth and
stability.

*Source: The Economic Times *

*Thanks & Best Regards,
- Anand Wadadekar
Author | Information Researcher | Education Consultant
Pune, Maharashtra
http://sites.google.com/site/wadadekars/anandwadadekar*
*http://in.linkedin.com/in/anandwadadekar
http://anandwadadekar.blogspot.com/
*
8a.

Jobs in Qatar

Posted by: "Mansoor Ahmad" mansoor.ahmed1987@gmail.com

Fri May 27, 2011 2:47 am (PDT)

9.

Front Desk Officer (Female)

Posted by: "azizasrani@yahoo.com" azizasrani@yahoo.com   azizasrani

Fri May 27, 2011 2:47 am (PDT)



Dear all,

Front Desk Officer required by Consultancy Firm. To view complete detail click
on "Officer".

Best of Luck
10.

Position of Assistant Manager Production and Maintenance

Posted by: "burhanbawa" burhanbawa@hotmail.com   burhanbawa

Fri May 27, 2011 2:47 am (PDT)



Dear Members

We are urgently looking for a Assistant Manager Production and Maintenance, for one of our clients in FMCG.The incumbent should be Bachelor of Engineering(Industrial/Mechanical/Electrical).MS Engineering or MBA preferred.

Experience
3-5 years of relevant experience

A congenial working environment and competitive compensation packages will be offered to the selected candidates.

Kindly send us the C.Vs at bu@tloglobal.com
Sincerely

Burhan Bawa
MBA(HR).MSc
Human Resource Consultant
The Learning Organization
Suite #206, The Square
Shaheed-e-Millat Road
Karachi - 74800 Phone: 34948043, 34948053
Website: http://www.tloglobal.com/

11.

Required Call Center Agents

Posted by: "azizasrani@yahoo.com" azizasrani@yahoo.com   azizasrani

Fri May 27, 2011 2:47 am (PDT)



Dear all,

Required Outbound call center agents for Tele-Marketing Company. To view
complete detail click on "Agents".

Best of Luck
12a.

jobs

Posted by: "abdullah5650" abdullah5650@yahoo.com   abdullah5650

Fri May 27, 2011 2:47 am (PDT)



PLEASE SEND TO OTHER MEMBERS
The Following Personnel Are Required ( LAHORE H/O)For Well Reputed Export Oriented Textile Group Dealing In Spinning / Weaving Products:

- DY. Marketing Manager (Fabric)
- 08 To 10 Years Experience In Dealing Of Grey / Dyed Fabric, And Other Finished textile Products Like Bed Linen, Towels, Apparels, And Upholstery Etc., In The Local And International Markets.

- Manager Yarn Procurement
- 10 To 15 Years Experience In Dealing Of All Type Of Yarn Procurement Locally And Imported.

- SALES OFFICER (WASTE)
- 8 To 10 Years Working Experience With Textile Industry. Should Be Capable To sell and buy of spinning wastes Independently.

- accountant
5 To 8 Years Working Experience With Textile Industry. Should Be Capable
To handle accounts, routine sales tax matters, and income tax e-filing, etc.

PLEASE APPLY WITH COMPLETE RESUME ALONGWITH FRESH PHOTOGRAPH BEFORE JUNE 04,2011 TO THE FOLLOWING EMAIL:
A.REHMAN(HR-HEAD)
directorhr@live.com

(ONLY LAHORE BASED CANDIDATES ARE REQIURED TO APPLY)

13.

Required Material Manager

Posted by: "azizasrani@yahoo.com" azizasrani@yahoo.com   azizasrani

Fri May 27, 2011 2:47 am (PDT)



Dear all,

Material Manager required for one of FMCG Company. To view complete detail click
on "Material Manager".

Best of Luck
14.

Required Zonal Manager Sales

Posted by: "azizasrani@yahoo.com" azizasrani@yahoo.com   azizasrani

Fri May 27, 2011 2:47 am (PDT)



Dear all,

Urgently required Zonal Sales Manager for one of FMCG. To view complete
information click on "Manager Sales".

Best of luck
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