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Ind As 21
Financial Reporting
answered on 23-Nov-22 14:18
In the Illustration 11, in order to translate a non-monetary item, which is inventory in this case we usually take the historical rate. But in the solution the inventory was translated using a closing rate. Kindly clarify
latest answer
Balance sheet items of Foreign Operations financial statements are translated using closing rate.
Vishal Satish
CA Final
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Past exam analysis
Financial Reporting
answered on 23-Nov-22 19:09
Sir please upload paper wise analysis For FR also
latest answer
Sure.
Akella Deepthi Sivani
CA Final
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IND AS 20 - Govt grants
Financial Reporting
answered on 09-Nov-22 08:10
Hai sir, My doubt in Ind AS 20 is whether Production Linked Scheme (PLI) covered in govt grants or not if yes, then Incentive received will be part of Govt grants relating to income or Assets??
latest answer
Ok sir Thank you so much
Barani Tharan
CA Final
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Introduction to IndAS
Financial Reporting
answered on 07-Nov-22 21:25
Sir we didn't find the topic Introduction to Ind AS in FR classes. Can we expect a video on that sir?
latest answer
Yes. Later.
Pavansai Lanka
CA Final
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227
Ind as 40
Financial Reporting
answered on 30-Oct-22 12:27
Can we provide for impairment loss on investment property
latest answer
Yes. As per Ind AS 36
Priya Namburi
CA Final
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234
Ind as 40
Financial Reporting
answered on 30-Oct-22 10:48
Can we follow revaluation model for investment property
latest answer
No. Always cost model only
Priya Namburi
CA Final
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226
Ind AS 40
Financial Reporting
answered on 27-Oct-22 19:33
Sir please provide ind as 40 notes and illustration pdf
latest answer
Will upload.
Priya Namburi
CA Final
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1
208
Incomplete question in Ind AS 2 & small error in question
Financial Reporting
answered on 27-Oct-22 12:22
Module 14 , Illustration 3, Rate is 11 whereas in illustration itâ??s given as 10 and also Feb month purchase data is not provided in the illustration.
latest answer
Thank you sir .
Priya Napate
CA Final
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Course coverage
Financial Reporting
answered on 16-Oct-22 16:40
Hi sir, In the course , is past RTP, MTP,Practice manual ,Past Question papers be covered ?
latest answer
They would be covered. Most of them have been included in study material by ICAI in latest version. Balance will be added.
Varshaa N
CA Final
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239
Ind AS 103 Business Combinations
Financial Reporting
answered on 17-Oct-22 13:00
In concentration Test, why we don't considered Deferred Tax Liabilities but excludes Deferred Tax Assets for the Gross Assets Computation?
latest answer
Thanks for help sir, I got it
Chandu vadla
CA Final
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