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RERA Accounts: Ensuring Transparency and Accountability in Real Estate
access_time 2025-02-05T07:56:12.961Z face CA N Raja
RERA Accounts: Ensuring Transparency and Accountability in Real Estate Vinu: Manu, I’ve been hearing a lot about RERA accounts lately. Can you explain what exactly a RERA account is and how it works? Manu: Sure, Vinu. RERA stands for the Real Estate (Regulation and Development) Act, which was introd...
Deferred Revenue Expenditure vs. Prepaid Expense: Key Differences Explained
access_time 2025-02-04T07:17:33.97Z face CA N Raja
Deferred Revenue Expenditure vs. Prepaid Expense: Key Differences Explained Vinu: Manu, I’ve heard of both "deferred revenue expenditure" and "prepaid expense," but I’m not sure what the difference is. Can you help me understand? Manu: Sure, Vinu! Let me explain it to you. First, let’s talk about de...
Unaudited vs. Informal Audit: Understanding the Key Differences
access_time 2024-12-30T09:48:36.041Z face CA N Raja
Unaudited vs. Informal Audit: Understanding the Key Differences Vinu: Manu! I’ve heard terms like unaudited and informal audit a lot lately. Can you explain the difference between them? Manu: Vinu! Sure, let me break it down for you. Unaudited refers to financial statements or reports that haven’t b...
Tracing Capital Utilization: A Step-by-Step Guide for Credit Assessment
access_time 2024-12-08T14:38:32.641Z face CA N Raja
Tracing Capital Utilization: A Step-by-Step Guide for Credit Assessment Vinu: Sir, I have a basic doubt. A customer has come for an enhancement of his CC limit from ₹4.15 crores to ₹5.00 crores. His balance sheet shows capital as ₹2.00 crores. How can we know where his capital amount is and how it w...
Assessing Financial Stability: Balancing Capital, Debt, and Profitability in Business Proposals
access_time 2024-12-08T14:22:58.147Z face CA N Raja
Assessing Financial Stability: Balancing Capital, Debt, and Profitability in Business Proposals Vinu: Hey Manu, I was going through the proposal for the proprietary concern and noticed they have an unsecured loan of Rs. 51 lakhs and capital of Rs. 36 lakhs. What does that imply about their financial...
