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Minority Interest

Accountancy

answered on 14-Nov-25 10:57

Sir if investment is 100% in subsidiary, then minority interest will not be there right? [Video Time Stamp: 26:40]

latest answer

Thank you Sir

Priya Ravi

Priya Ravi

CA Inter

55K+

2

129

OTHER MATTER PARA(EXAMPLE)

Auditing

answered on 17-Nov-25 08:14

Mam, In SA 600, it says reference to branch auditors’ work is normally included in the Auditor’s Responsibilities section in the audit report. But in your example, you placed it under the Other Matter paragraph. Could you please explain in what situations it should go to Other Matter instead of Auditor’s Responsibility? [Video Time Stamp: 02:48]

latest answer

In auditors responsibility we don’t include anything regarding branch auditor. It’s in OM paragraph only, but this paragraph enables the auditor to given additional information regarding his audit and responsibility.

Priya Dharshini

Priya Dharshini

CA Inter

410

1

137

compiler

Indirect Taxation

answered on 18-Nov-25 09:13

is there a past exam, RTP questions compiler for GST as well?

latest answer

For GST there is no compiler of RTPs and Mtps as of now. Past paper analysis is available in free resources of our website.

Ritu Kotian

Ritu Kotian

CA Inter

19K+

3

124

RNOR

Direct Taxation

answered on 17-Nov-25 21:51

In case , residential status is RNOR , business situated in UAE partly controlled in INDIA is taxable? If yes complete 995000 is taxable aa sir ? [Video Time Stamp: 07:05]

latest answer

Thank you sir

Bhanu Shankar

Bhanu Shankar

CA Inter

590

2

128

Illustration-modification of lease

Financial Reporting

answered on 16-Nov-25 16:05

Sir for remeasurement of lease computation,shouldn't we consider original discount rate ?isn't revised discount rate considered only for change in lease term or change in likelihood to exercise p urchase option ?but in this q ,they have considered revised disc rate .Why?

latest answer

Thank you

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

4K+

3

116

PROBLEM IN FINAL EXAM REGISTRATION

Exams

answered on 13-Nov-25 20:43

I completed my SPOM exams, Advanced ITT, and MCS course by August 2025, but the portal still shows MCS as not completed while registering for the Final exam. What to do? KIndly help

latest answer

Yes in the SSP portal we need to update (under technical update)

Pooja .

Pooja .

CA Final

210

3

179

ITC- MATCHING CREDITS

Auditing

answered on 19-Nov-25 13:32

Mam, But while purhcases, ITC is auto populated in 3B isnt' it. And what if the supplier of our client defaults in filing his return under 3B. It will not give the desired credit to the client as for the period in which the client claims ITC in books of accounts. Being an auditor can we direct the supplier of the client to make amendments wrt his GST returns? just like how we obtain Confirmations. [Video Time Stamp: 06:54]

latest answer

Material misstatement

Vinod Kumar

Vinod Kumar

CA Inter

11K+

3

118

Uncorrect misstatements

Auditing

answered on 13-Nov-25 17:40

Mam what do you mean by proposed words in modified opinion

latest answer

It means the language that we will be using to draft the modified option paragraph.

21SCO08 mahalakshmi

21SCO08 mahalakshmi

CA Inter

1K+

1

127

Audit of government companies and corporations

Auditing

answered on 13-Nov-25 17:43

Mam what do you mean by supplementary report

latest answer

A supplementary report in government audit is like an add on report issued by the auditor to include any new, additional, or corrected audit information discovered after the main audit report was issued.

21SCO08 mahalakshmi

21SCO08 mahalakshmi

CA Inter

1K+

1

118

Professional Ethics

Auditing

answered on 13-Nov-25 17:44

As per the answer given in the study material, are members permitted to take up engagements for trading in derivatives?

latest answer

Yes. In personal capacity

Irfanah Ilias

Irfanah Ilias

CA Final

48K+

1

111