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IND AS 23

Financial Reporting

answered 5 hrs ago

Sir, why on 50,000 it is taken 10/12 , the money is applied on august and not on april?

latest answer

this one the institute answer

Swathi Krishna

Swathi Krishna

CA Final

8K+

1

5

Ppe

Financial Reporting

answered 9 hrs ago

Sir as per definition of ppe whether buliding I gave to tenant whether that's my ppe ?

latest answer

Investment Property. You will learn in Ind Aas 40

HEMAVATHYSUBRAMANI SUBRAMANI

HEMAVATHYSUBRAMANI SUBRAMANI

CA Final

2K+

1

11

WHAT WILL BE THE TREATMENT OF NCI IN THIS QUESTION

Financial Reporting

answered 17 hrs ago

Nci of net assets is derecognised And we need to derecognise the 10% of reserves related to nci too??

latest answer

when we are derecognising nci in this sum then total(nci opening + reserves of 10%) are getting derecognised?? Is it correct sir?

vasabattula abhinav

vasabattula abhinav

CA Final

85

2

22

Ind AS 34

Financial Reporting

answered 21 hrs ago

Hello Sir, Why it has been assumed that there is no deferred tax asset being created in this example?

latest answer

Just an assumption for simple explanation. Can be done with DTA as well.

Suresh Avinash

Suresh Avinash

CA Final

2K+

1

28

Ind AS 34

Financial Reporting

answered 9 hrs ago

Hello Sir, I am not exactly able to understand the following explanation. Can you please explain the same?

latest answer

Can you provide an example sir?

Suresh Avinash

Suresh Avinash

CA Final

2K+

2

27

As 2

Financial Reporting

answered 11 hrs ago

When we say this item is scrap sir . Is there any definition for scrap like inventory we have

latest answer

Carrying amount means the amount at which it is shown in the books or closing balance.

HEMAVATHYSUBRAMANI SUBRAMANI

HEMAVATHYSUBRAMANI SUBRAMANI

CA Final

2K+

3

34

Eps

Financial Reporting

answered 1 day ago

Icai mca As per mine answer would 1.90 sir I attach my working How can it be 1.74 sir

latest answer

many ICAI answers are incorrect.

Ravi Teja

Ravi Teja

CA Final

5

2

45

Doubt?

Financial Reporting

answered 1 day ago

When We Take an asset on lease we show it as Financing Activity isn't it? When we take an asset on lease and we give it to sub lease can we show transactions in Net basis (as i'm thinking it falls under exceptions)

latest answer

Sub lease is investing activity.

Surya Prakash

Surya Prakash

CA Final

14K+

3

47

Is my Interpretation is correct?

Financial Reporting

answered 2 days ago

Loss of Control means Holding investment below 50% isn't For example:Before Change we hold 75% and after change 65% as it is not loss of control we show in Finance Activity If Before Change it is 75% and after change it is 48% it is loss of control so we show in Investment Activity isn't it

latest answer

Ok sir

Surya Prakash

Surya Prakash

CA Final

14K+

2

40

Illustration 3 in STUDY MATERIAL

Financial Reporting

answered 1 day ago

Capitalisation rate is 3.756% When assumed that borrowings made on September but answer as per your solution is 11% how it is possible?

latest answer

Debenture and od borrowed at 1st September year one

Chandra Sekhar Gundu

Chandra Sekhar Gundu

CA Final

0

6

51

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