Forums
Impairment of assets
Financial Reporting
answered on 22-Nov-25 13:30
In this question, the cost classification into fixed and variable is given, why are we taking the cost growth on the entire cost of 160 instead of keeping fixed cost at 30 every year and apply the growth rate only on variable and transport cost. [Video Time Stamp: 14:39]
latest answer
ICAI has taken that assumption. Your point is valid
Varshini Rao
CA Final
★ 1K+
1
134
Bank Audit MTP Oct 2022
Auditing
answered on 23-Nov-25 18:42
In this question, on plain reading i thought about the 'regularisation of acocunt before balance sheet date' so if I write my answer accordingly will i get marks and if not how should this be tackled ?
latest answer
This is not regularisation of accounts. Regularisation before balance sheet date applies when the borrower clears overdue amounts to avoid classification as NPA before 31 March. Here, They are just fully utilizing limits temporarily and placing FDs to show a healthier balance sheet. It is clearly about WINDOW DRESSING by a bank branch.
Hrishikesh Pradhan
CA Final
★ 18K+
1
136
Difference in Opinion/ Firms Policy
Auditing
answered on 22-Nov-25 10:08
Mam, i wonder what solution could be provided by the firm's quality control policy for conflicts among the opinion between teams and experts and reviewers. Does there clause for obeying orders in hierarchical manner? [Video Time Stamp: 04:54]
latest answer
Quality control policies decides the course of action. For example- in case they are not able to resolve among themselves, they can take external expertise or advice
Vinod Kumar
CA Inter
★ 11K+
1
134
Money Market Hedge
AFM
answered on 21-Nov-25 20:00
Sir, whether this logic applies here " If the premium is greater than the interest differential, then borrow domestic currency Else borrow foreign currency". Because Forward premia % = (F-S)/S = (USD1.5455/GBP-USD1.5617/GBP)/USD1.5617= -1.037%, Interest differential = (7%*6/12)-(6%*6/12)= 0.5%. whether this calculation correct, sir? [Video Time Stamp: 07:25]
latest answer
Logic is correct -and so is working for first part. Second part interest rates are always multiplied and divided and not added or subtracted . Also since quote is USD per GBP in second working should be ( 1+6% x 6/12)/(1+7% x 6/12) -1
Murali Thripuraboina
CA Final
★ 3K+
1
127
Que 7 Business Valuation
AFM
answered on 21-Nov-25 19:55
Here why they are not deducting the interest amount we are given the cost of debt ... we can find the amount of debt by applying the debt equity ratio on capital expenditure if i am not wrong
latest answer
Deduct Interest amount where? FCFF formula does not require us to deduct interest expense
Gauri Shete
CA Final
★ 5K+
1
104
K , l , M question
Accountancy
answered on 21-Nov-25 17:41
revaluation account here why are we not posting the value of good will?
latest answer
Goodwill is not adjusted through revaluation
Pranav Anand
CA Inter
★ 0
1
126
Audit report as per standards on auditing
Auditing
answered on 22-Nov-25 10:11
Mam if company does not require disclosure from SA going concern . Then, also shall we can mention compiled and presented as per the standards on auditing . since there is less than 13 elements, [Video Time Stamp: 04:16]
latest answer
Yes. Going concern, KAM, eom and OM , are all sections to be introduced only if auditors has information to give. Nog mandatory. However, listen entities, KAM is compulsory
21SCO08 mahalakshmi
CA Inter
★ 1K+
1
112
Ca final grp 1
Exams
answered on 21-Nov-25 15:26
For grp 1 subjects.. is it enough we finish the classes and read your study material or shld we also refer institute study material sir
latest answer
Yes. More than sufficient.
SHRUTHI CHINNI
CA Final
★ 140
1
138
PUblic issue
AFM
answered on 21-Nov-25 19:52
sir why don't we increased the post issued shares 6.944 crores in public issue [Video Time Stamp: 23:15]
latest answer
Because it is either or. Either public issue or rights issue. 6.944 is rights issue share count. that cannot be added to public offer share count
Pavan Naidu ca
CA Final
★ 90
1
129
Nov 2020 RTP
Auditing
answered on 21-Nov-25 12:51
Ma'am as you said engagement letter is given by the auditor to the client but here in this question it's given MEA limited issued engagement letter...so which one will be considered correct? [Video Time Stamp: 00:02]
latest answer
Auditor only issues. The sentence framework is wrong. It’s always auditor
Mutchukota Akhila
CA Inter
★ 4K+
1
110