BLOGS

Contact Form

Feel free to contact us anytime

Crossing of Cheque and different types

So what is crossing of cheque? This is nothing but drawing two parallel lines on the face of the cheque. By crossing you are giving instruction to the banker not to pay the cheque by cash but you are directing to pay the money only through bank account or to the credit of the account of the customer. To know more and understand about types of crossing, watch this lecture: To know more and understand about types of crossing, watch this lecture:

Comparative Information in the Financial Statements

Let’s understand about providing Comparative information in the Financial Statements:Ind AS 1 Says Minimum comparative information should be provided – What is that? Let’s see – Ind AS Says “An entity should present comparative information in respect of the preceeding period for all amounts reported in the current period’s financial statements except when Ind AS permit or require otherwise”. It means, when you present an information in the Financial Statement for the current period, its comparable figure for the previous period should also be presented. If you present current year sales, then PY sales information should also be given. “ALL AMOUNTS REPORTED IN CURRENT PERIOD’S FINANCIAL STATEMENTS” is the focus. For each and every items reported in the CY, corresponding PY figures should be given. But if Ind AS permits or requires you otherwise, then PY comparative information need not be furnished. Some times certain narrative and descriptive information will be given in order to understand current period’s financial statements. In those cases, Comparative information for narrative and descriptive information should be given for previous year as well. Let’s take an Eg – If an entity has disclosed status of a legal dispute last year and if its outcome was considered as uncertain at the end of the preceding period, then that entity should continue giving the narrative and descriptive information and mention that outcome was uncertain at the end of the immediately preceding reporting period and record that fact that dispute is yet to be resolved. So, what are the components of Comparative Information: In order to enable comparison, entity should present, minimum: 2 Balance Sheets 2 Statement of Profit and Loss 2 Statement of Cash Flows 2 Statement of Changes in Equity and Related Notes. Whether any additional comparative information can be provided? Yes ! Additional comparative information can be presented i.e., these are all in addition to the minimum comparative financial statements required by Ind Ass. But the point is those information should be prepared in accordance with Ind AS. This comparative information can have one or more statements which we have discussed in ‘Complete set of financial statements’ but they need not comprise a complete set of financial statements. # To know more about Ind AS1, Check this course

Capital gains with respect to slump sale

this is provided in SECTION 50B First of all, what is slump sale? Let us say there are two companies - One is seller company and the other one is buyer company. If Seller Company sells its whole or part of the undertaking as a Going Concern to buyer company on ‘as is where is’ basis, for a lump sum consideration, We call that as slump sale. Here, either whole / part of undertaking is sold that too as going concern and Sale is made for lump sum consideration and no values are assigned for individual Assets and liabilities. When slump sale is made, it could result in some capital gains / losses - In this session, let us focus on Long term capital gain / short term capital gains arising from Slump Sale. At first, we have to arrive at capital gain and then finalize whether it LTCG / STCG? First, let’s focus on Capital gain computation:

Full Value of Consideration                                                                      xxx
Less: Deemed  cost of acquisition & cost of improvement                                         (xxx)
-----------------------------------------------------------------------------------------------------------
Capital Gain                                                                                     xxx
-----------------------------------------------------------------------------------------------------------
Now comes big question: what is deemed cost of acquisition & cost of improvement.? Net worth of the undertaking or the division which is getting sold is the deemed cost of acquisition and the cost of improvement. OK - So, it is Networth which is considered as deemed cost of acquisition and cost of improvement. Let’s see how to compute Networth:
Aggregate value of total assets of the undertaking or division                                   xxx
Less: Value of liabilities of undertaking or division
(as per books of accounts)                                                                       xxx
--------------------------------------------------------------------------------------------------------
Networth                                                                                         xxx
--------------------------------------------------------------------------------------------------------
If there are any change in the value of assets on account of revaluation of assets, it will not be considered in this calculation.This aggregate value of total assets figure will vary according to nature of asset. If they are depreciable assets, then WDV of block of assets have to be considered.If they are already depreciated fully (100%), then no value should be considered. If whole expenditure has already been allowed u/s 35AD, then again NO value should be considered. For all other assets, only book value should be considered. Having dervied Capital Gain, we have to decide whether they are LTCG / STCG? If the undertaking sold has been held for more than 36 months then profits or gains which arised from slump sale will be chargeable to income-tax as capital gains arising from the transfer of long-term capital assets and it will deemed as income of the previous year in which the transfer took place. If the undertaking sold has not been held for more than 36 months then profits or gains which arised from slump sale will be chargeable to income-tax as Short Term Capital Gains. Another Important point to be noted here is, NO indexation benefit would be available when assets are sold under Slump Sale Model. There is also an additional compliance requirment for slump sale - At the time of filing return of income - assessee should also furnish a report of a chartered accountant - This report should be in a prescribed form and it should show computation of net worth of the undertaking / division and it should have the certificate that Net worth of the undertaking or division has been correctly arrived as per provisions of this section.

Nature of economics

let’s understand the nature of economics: When we say, nature of a particular subject or discipline we are actually referring to its contents and how and why they find a place in the subject. We can understand the nature of any subject by going through definitions and for Economics as well we have to go through definitions given by notable economists. But here issue is there are multiple definitions for economics – this has made some scholars to comment that a search for a clear definition of Economics is an exercise in futility. J. M. Keynes, once observed “Political Economy is said to have strangled itself with definitions”. Jokes apart, definitions makes studying a subject even more interesting, exciting, and enjoyable. When a science grows stage by stage, its newer definition will emerge at every stage, and a concept associated with newer definition will receive special attention. And there should be clear cut definition and boundary for clear understanding of a subject. As for as Economics is concerned, 4 definitions are available and each definition refers to a particular stage of the growth of the subject. First definition is given by Adam Smith and it is understood as Wealth Definition and this definition represents Classical era. Second definition given by Marshall – understood as Welfare Definition and this definition represents Neo-Classical. Third one is Robbins’ Scarcity Definition representing the New Age and Fourth one is Samuelson’s Growth Definition which represents Modern Age. In the following sessions, lets discuss each and every definition and their relevance.

What is CMA in banking

In Banking, CMA is short form of Credit Monitoring Arrangement. This is an excel sheet which will capture Operational Performance and Financial Position of borrowers and would enable the Bank to understand past, present and future (estimated) financial plans.

CMA will have 3 input sheets namely.

1.Operating Statement

2.Liability Statement

3.Assets Statement

Past details for all the 3 statements will be picked from Audited Financials where as future details have be to estimated by the borrower and validated by Banker.

Best online CA courses providers in kochi

CA Raja Class is one among the best online CA Course providers In Kochi. Our online courses are very popular among the students. Our various online tutorials will improve your skill sets at a minimum amount of cost. We always provide cost effective online CA courses for our students. We are No.1 in providing online coaching courses in Kerala offering best classes for CA ,CMA ,CS,ACCA , CIMA , B Com ,and Plus one Plus two tuitions.

We offer best quality videos and bundle courses to our students so that they will gain more knowledge about the sessions. We offer best services at an affordable cost structure. We always give standardized, professional, and quality online CA courses to our dear fellow students. Our video lectures and hand written bundle courses are being prepared by the professionals in order to give you the best sessions. Our online CA courses are handled only by Chartered Accountants, who are really passionate about teaching and have got real practical experience in their respective areas. Chartered Accountancy is a profession accepted almost all over the world.

Our online CA courses are easy to access even with your smart phone so that this will help you to get through the notes even if you are busy. This on the go access will help you to save your time thus you can save your time while learning. Our courses are made in a way that you can also start your own independent professional practice that provides compliance and review services, business advisory services, taxation services audit services, etc.

Self-paced CMA courses by CA RAJA CLASS

CA Raja Class is the best online CMA Course provider In Kochi. Our online courses are very popular among the students. Our online courses are handled only by Chartered Accountants, who are really passionate about teaching and have got real practical experience in their respective areas. Chartered Accountancy is a profession accepted all over the world and is a highly risk involved job. A Chartered Accountant is a highly demanded professional who bears vital role in any industry whether it’s an accounting firm or in an IT or in a business in which you is engaged. You can also start your own independent professional practice that provides compliance and review services, business advisory services, taxation services audit services, etc.

Certified Management Accountant (CMA) is an accounting or finance specialization course taken by the accountant professionals. CMA does work in the areas of financial planning, analysis and management decision-making. Many accountants, auditors and financial analysts earn the CMA designation to advance in their careers or for the significant growth of their career. This CMA credential has specific education and work experience requirements as per the given rule. You must secure a passing score on the CMA certification exam. CMA (Certified Management Accountant) by IMA (Institute of Management Accountants, USA) is an advanced, globally accepted contemporary professional certificate that supports management accounting and finance professionals who drive business performance. CMA plays an integral role in the strategic decision-making process, within the organization. A CMA professional should definitely uphold the highest level of professional and ethical standards. As we know that many large, multi-national manufacturers and employers regard highly of the CMA designation. CA Raja Class provides you the best online CMA courses in India with affordable price and quality contents. Our video courses and bundle courses are prepared by experienced CA professionals.

Candidates for the CMA Certification must have a full time or two years of professional experience in Management accounting and or financial management as specified by IMA. This requirement should be completed within two years if they rally want to work in this field. Accounting profession offers a wide range of careers with the highest potential for growth, success and satisfaction. Accountant can work as a generalist or can be a master. Exceptionally advantageous workplace can run from the solace of a self-employed sole practitioner to the major decision maker of multinational conglomerate. Studying online CMA courses in Kochi with us itself makes you easier to understand things and by this you will get the idea how to do this practically. Accountant may work for some customers or for only one firm. Accounting careers include jobs involving broad relational contact and those including practically nothing. You maximum capacity can be understood only by being YOU!

CA Raja Class provides you the best and quality self-paced online CA Courses in Kochi. We provide you excellent video lectures and Bundle courses also you can access our courses at any time of the day it’s all according to your comfort. By learning online it saves you both travel cost and time. Our various online tutorials will improve your skill sets at a minimum amount of cost. We always provide cost effective CMA Courses for our students. We are No.1 in providing online coaching courses in Kerala offering best classes for CA , CWA /CMA , CS , ACCA , CIMA , BCom ,and Plus one Plus two tuitions.

Save your time while studying……

We the CA raja class is deemed to known as the number one CS course provider in Kochi. Now a day it’s so difficult to find the right course provider. We are certified genuine professionals who provides quality online training in various courses including CA, CS, CMA,ACCA, CFA,CIMA, plus one and plus two commerce stream, MBA and bank coaching. Our main aim is to give our students high quality online courses which are made within the syllabus so that students can get what they really need. We assure that your dream will come true with our self-paced online course.

A CS student should be an in‐house legal expert; a compliance officer of the Company. An expert in corporate laws, securities laws, capital market and corporate governance. They should be chief advisor to the board of directors on best practices in corporate governance, responsible for all regulatory compliances of company and corporate planner and strategic manager. These courses are having huge career opportunities outside and within India.

The student who would like to join this CS Course can join after 10/+2 pass or equivalent can undergo our online CS course. We provide bundle classes, video classes, DVD courses and online courses. With us you can join this course anytime that means our admissions are available throughout the year. With our self-paced online course you can always access to your course module ant time and from anywhere it’s all according to your comfort and timing. This helps you to save your time while studying. CA Raja classes are prepared and conducted by the experienced CS professionals with high quality video classes and study materials to help you understand more about the subject.

Get yourself placed in banking industry.

CA Raja Class is one of the best institutes in Kochi for providing online banking courses along with video and bundle classes. Recently we thought about giving online banking courses with experienced faculty to make the student to understand more about the subject. Through this they will gain the practical knowledge for reasoning and mental ability part which is the core of the banking test. As you already know that our main aim is to give you the best quality training with best professionals. With us you can access the class from anywhere and at any time, thus it will reduce the time for going and coming back from an institute.

You are already aware of the competition in the bank exams as the exams are very tough and hard to get through. You can’t pass the exam without any guidance and we will always help you achieve your dream by giving you the proper way to get it. Our online baking courses are based on latest pattern and syllabus to get good score in the test.

CA Raja Class provides you reliable and comprehensive online banking courses for all the bank exams. We provide self-paced online study classes with experienced professionals. Our video courses and bundle are prepared by qualified faculties. Our intensive online banking course enables you to reach your maximum potential and thus makes you successful. We help you to learn online bank coaching at your own place with comfort by this you can reduce the time on traveling to classes.

Financial management courses.

We provide one of the comprehensive online financial management courses in Kochi. This course is significant for anyone trying to comprehend Financial Management and helpful for students who are taking courses like CA/CMA/CS/CFA/CPA, etc. Our course includes about 300 lectures explaining each and every concept in the financial management course. Our faculties are highly experienced professionals who are dedicated to deliver quality contents for the student. We also provide solved case study videos for our students so that they can get more knowledge in the subject.

Raja Class is the best online CA Course provider In Kochi. Our online courses are very popular among the students. We are No.1 in providing online coaching courses in Kerala offering best classes for CA ,CMA , CS , ACCA , CIMA , B.Com ,and Plus one Plus two tuitions.

By choosing our financial management course we guarantee your success through our guidance. Students can actually save their time by selecting our online financial management course as the can access it from anywhere and at any time. Our competitive study material enables you to get the latest and updated questions and our course covers all topics which are included in the syllabus.

We all know that knowledge on Financial Management is important for every Entrepreneur and Finance Managers. Ignorance in Financial Management can be disastrous because it would invite serious trouble for the very functioning of the organization. We have bundle courses and video courses you can choose whichever you want according to your need. We are number one online financial management course provider in Kochi.

Financial management courses in tamil.

Being a supreme online course provider in Kochi we always provide best quality services with affordable price structure. This course is critical for anybody endeavoring to appreciate Financial Management and supportive for students who are taking courses like CA/CMA/CS/CFA/CPA, etc. Our course incorporates includes around 300 lectures explaining every single idea in the financial management course. Our faculties are highly experienced professionals who are devoted to convey quality substance for the students. We also provide solved case study videos for our students with the goal that they can get more knowledge in the subject.

As the best online course provider in online course provider in Kochi we have received so many requests to give our class in Tamil language. Upon their request we recently started our financial management course in Tamil and getting great response for it. From this point you can understand that our students are really liked our classes, otherwise they won’t ask to do our classes in Tamil. There are many students who can’t fully understand the English language as for them we introduced our financial management course in Tamil.

Raja Class is the best online financial management Course (in Tamil) provider In Kochi .By picking our financial management course in Tamil we ensure your success through our guidance. We all know that that information on Financial Management is critical for each and every Entrepreneur and Finance Managers. Obliviousness in Financial Management can be tragic in light of the fact that it would get serious trouble for the very functioning of the organization. We have package courses and video courses you can pick whichever you need as per your need.

For those students who can’t really spare their time because of studying can choose our online financial management course in Tamil as they can get to it from anywhere and at any time. Our competitive examination material enables you to get the most recent and updated inquiries and our course covers all topics which are incorporated into the syllabus.. Our online courses are exceptionally well known among the students. We are No.1 in giving web based training courses in Kerala offering best classes for CA ,CMA , CS , ACCA , CIMA ,MBA, B.Com ,and Plus one Plus two tuition.

Providing financial management courses in tamil.

Being a supreme online course provider in Kochi we always provide best quality services with affordable price structure. This course is critical for anybody endeavoring to appreciate Financial Management and supportive for students who are taking courses like CA/CMA/CS/CFA/CPA, etc. Our course incorporates includes around 300 lectures explaining every single idea in the financial management course. Our faculties are highly experienced professionals who are devoted to convey quality substance for the students. We also provide solved case study videos for our students with the goal that they can get more knowledge in the subject.

As the best online course provider in online course provider in Kochi we have received so many requests to give our class in Tamil language. Upon their request we recently started our financial management course in Tamil and getting great response for it. From this point you can understand that our students are really liked our classes, otherwise they won’t ask to do our classes in Tamil. There are many students who can’t fully understand the English language as for them we introduced our financial management course in Tamil.

Raja Class is the best online financial management Course (in Tamil) provider In Kochi .By picking our financial management course in Tamil we ensure your success through our guidance. We all know that that information on Financial Management is critical for each and every Entrepreneur and Finance Managers. Obliviousness in Financial Management can be tragic in light of the fact that it would get serious trouble for the very functioning of the organization. We have package courses and video courses you can pick whichever you need as per your need.

For those students who can’t really spare their time because of studying can choose our online financial management course in Tamil as they can get to it from anywhere and at any time. Our competitive examination material enables you to get the most recent and updated inquiries and our course covers all topics which are incorporated into the syllabus.. Our online courses are exceptionally well known among the students. We are No.1 in giving web based training courses in Kerala offering best classes for CA , CMA , CS , ACCA , CIMA , B.Com ,and Plus one Plus two tuition.

Benefits of joining our online MBA course.

Master’s in Business Administration is a challenging and thorough course that furnishes working professionals with the fundamental abilities and attention to take on administrative parts in their industries. To keep the course lively, the material is conveyed in a way that is significant and applicable to modern day developments. The course tends to different administrative circumstances and market patterns, and gives students knowledge into the parts and duties of administrators.

The point is to make pioneers who are upheld by their current professional experience, to utilize the course as an instrument to achieve brilliance and change the organizations and industries that they are a part of. Looking at that MBA course however can't bear the cost of it? Or then again would prefer not to leave town to pursue that dream MBA? Then we have a solution for you we, after online MBA course in Kochi that is friendly to your pocket and at par with the best MBA course in town.

Our online MBA course is planned remembering the requirements of the present and updated conditions, and also our courses can be accessed anytime and from anywhere thus helps students who want to pack their schedules to the hilt. Do more with the time they have on hand. Without having to compromise on the quality or time you can now enroll in the Distance Learning online MBA courses, the benefits are of this course are many.

With the course accessible on the web, it permits you round the clock get to the course and reference material as well as recorded LIVE sessions. Recorded audio and video sessions enable you to refresh on topics at a later time.

Our online MBA course is perfect for working experts who might want to up-aptitude and get a MBA degree in the meantime continue working at the work environment and also for students whose dream is to become an administrative professional. This two-year online Distance MBA enables you to learn and apply speculations or potentially perceive how they interpret when utilized in down to earth everyday workplaces.

Online courses.

We are the best and number one online course provider in Kochi, Kerala. Our range of courses includes CA, CWA /CMA, CS, ACCA, CIMA, B.Com, bank coaching, financial management course and Plus one Plus two tuitions. Our excellent and experienced professionals will help you to improve your skills and the advantages of taking our online course are it is pocket friendly, quality video and bundle sessions, you can access it from anywhere and at any time.

Online courses are intended for students whose scheduling commitments would make it hard in some way or another to enlist in a full-time higher education program. We offer for individual courses online studies are a valuable option. The subsequent capability a graduate gets after effectively finishing our online course is the same as an graduate from a full-time on campus program would get.

We make our online courses more unique and innovative so that it makes more feasible and attentive to students and thus we succeeded in the industry. We have a brilliant track of record that our student got success through our online course regardless whichever the course they have selected. Online course can be beneficial from various perspectives. In addition to giving the information, skills and qualifications that accompany finishing our online course programs provide crucial flexibility.

Experienced candidates can enlist in online courses without giving up pay by making their study schedule suit their work schedule.

Get smart with the best educational app.

We are very happy to tell you that caraja classes have been introducing a new android application. As we began to grow our services one by one we got so many reviews and so many students are requesting us to create an educational app which supports your mobile device and we give it our best to come out. We always have been there for our students and that’s how we know that they have been waiting for this educational app provided by the caraja class.

We are the best and prime online course provider in Kochi, Kerala. Our range of services includes CA,CMA, CS, ACCA, CIMA, B.Com, bank coaching, financial management course and Plus one Plus two tuitions. We always have unique technique to approach to our video courses so that our students will get more knowledge about the subject and also we provide excellent and experienced professionals to do our lectures. You can access our educational app from anywhere so that you will get in touch with our class with your flexible time period, which enables you to save your precious time on studying.

We are the best and prime online course provider in Kochi, Kerala. Our range of services includes CA,CMA, CS, ACCA, CIMA, B.Com, bank coaching, financial management course and Plus one Plus two tuitions. We always have unique technique to approach to our video courses so that our students will get more knowledge about the subject and also we provide excellent and experienced professionals to do our lectures. You can access our educational app from anywhere so that you will get in touch with our class with your flexible time period, which enables you to save your precious time on studying.

By introducing this educational app by caraja class, we help our students to access their class from anywhere and at any time and downloading this educational app is as easy as downloading something in your mobile device. It’s absolutely free of charge and secure to download. We provide free video courses which is life time access and easy to access. We provide 5000+ lectures with 30+ financial courses.

.Learn from anywhere and at anytime.

We are the best and number one online course provider in Kochi, Kerala. Our range of courses includes CA,CMA, CS, ACCA, CIMA, B.Com, bank coaching, financial management course and Plus one Plus two tuitions. Our excellent and experienced professionals will help you to improve your skills and the advantages of taking our online course are it is pocket friendly, quality video and bundle sessions, you can access it from anywhere and at any time.

Online courses are intended for students whose scheduling commitments would make it hard in some way or another to enlist in a full-time higher education program. We offer for individual courses online studies are a valuable option. The subsequent capability a graduate gets after effectively finishing our online course is the same as an graduate from a full-time on campus program would get.

We make our online courses more unique and innovative so that it makes more feasible and attentive to students and thus we succeeded in the industry. We have a brilliant track of record that our student got success through our online course regardless whichever the course they have selected. Online course can be beneficial from various perspectives. In addition to giving the information, skills and qualifications that accompany finishing our online course programs provide crucial flexibility.

Experienced candidates can enlist in online courses without giving up pay by making their study schedule suit their work schedule. Students can always study at ease by selecting our online course.