Forums
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
CA Final
★ 4K+
3
126
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 .
CA Final
★ 210
3
193
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
CA Inter
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3
131
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
CA Inter
★ 1K+
1
142
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
CA Inter
★ 1K+
1
137
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
CA Final
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1
127
Salary
Direct Taxation
answered on 17-Nov-25 17:47
What is the income chargeable under the head salaries under default tax regime?
latest answer
Please share your working. Will confirm whether correct or not.
thecommerce graduate
CA Final
★ 0
1
154
Procedure : Persuasive evidences
Auditing
answered on 13-Nov-25 17:47
Mam, the various list of procedures do be performed to audit the assertion of Occurence is studied now. My doubt is, 1. Are these procedures exhaustive? or Inclusive?. 2. Only these procedures should done for audit? 3. Cant we perform any other procedure to obtain reasonable and persuasive audit evidence?
latest answer
Audit is purely professional judgement of the auditor. Anything given is inclusive in nature. So u can perform any other procedure which enables u to obtain sufficient appropriate audit evidence.
Vinod Kumar
CA Inter
★ 11K+
1
117
Aggregate turnover
Indirect Taxation
answered on 17-Nov-25 17:43
So RCM value 200,000 + 18% GST amount will be excluded from aggregate turnover calculation [Video Time Stamp: 03:23]
latest answer
Inward supplies liable to RCM is not included in aggregate turnover.
Parthi ban.B
CMA Final
★ 2K+
1
129
At7:35
CFA
answered on 13-Nov-25 07:43
If the right to buy is at 50000 and a premium is charged with the minimum amount of market difference which is in this case10000, then it can be directly bought from market instead of excercising the option... Correct? [Video Time Stamp: 07:39]
latest answer
10k
Ganesh V
CFA L1
★ 0
1
93