powered by logo

Forums

Case studies not given in Icai module CA foundation

Corporate & Other Laws

answered on 21-Apr-23 09:10

I am talking about CA foundation Business laws. Is it advisable to describe such case laws which are not mentioned in our Icai module for sake of lengthening the answer or for clarity of the answer ?

latest answer

It is enough if you quote the name of the case law in direct questions, you need not elaborate the entire case. Your answer has to be to the point, with relevant provisions.

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

15

1K+

Budgetary

Costing

answered on 17-Apr-23 15:47

How is labour hour per unit found? (Suggested answer) Image 1: Question Image 2: Suggested answer

latest answer

Yes.

Sharon M Jacob

Sharon M Jacob

CA Inter

1K+

4

461

CSR

Corporate & Other Laws

answered on 14-Apr-23 19:58

Plss,explain this circled para

latest answer

Isn’t module bulky for law. You could use notes of 1fin and ques of module. Paid notes are made from module only and only main points are noted in that.

Reetikaa R

Reetikaa R

CA Final

7K+

3

480

A doubt in MCQ

Auditing

answered on 14-Apr-23 18:10

Can anybody provide explanation for this

latest answer

Thank you so much 🥰

HEMACHANDHAR M

HEMACHANDHAR M

CA Final

2K+

2

595

Registration

Indirect Taxation

answered on 14-Apr-23 17:24

CTP /NRTP come to one of the states in India and did business for 180 days after registered themselves before 5 days of start of business and got extension for other 90 days If they come again after some months in the same year can they register themselves as CTP/NRTP Or they need to get permanent registration as they did business already for 180 days in the year

latest answer

Logically Yes

Sruthi sruthi

Sruthi sruthi

CA Final

640

3

587

Cost sheet

Costing

answered on 14-Apr-23 15:48

Are depreciation and amortization expenses taken in cost sheet ?? If yes under which head ? Is it Direct expenses ?

latest answer

It depends on the asset charged, dep on plant& machinery will be included in factory cost (it's a part of prod overheads) if it's on vehicles relating to distribution then it will be under selling and distribution overheads.

Neha Baliga

Neha Baliga

CA Inter

16K+

1

488

Conversion of capital assets into stock. In trade

Accountancy

answered on 17-Apr-23 12:39

If personal capital assets is converted into stock in trade at which cost it is recognised in books of firm fair market value or at the price at which it was purchase by the proprietor

latest answer

Yes.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

4

411

Passing journal entries in particular order

Accountancy

answered on 14-Apr-23 17:18

While passing journal entries I'm making mistake that not passing in order. Is it necessary to pass in particular order?

latest answer

Thank you sir

Madhu Reddy

Madhu Reddy

CA Inter

4K+

2

530

Derivatives

AFM

answered on 15-Apr-23 11:40

1) In illustration 12, current beta of portfolio is 1.3, required beta is 0.91, market beta is 1 hence we shorted nifty fut, i understood that. But if required beta is suppose 1.2 instead of 0.91, so can we go long and average the beta to 1.2? And in this case, can do we have an alternative to either short or long as beta can come down to 1.2 in both case? 2) In case we go long, then while computing, in the denominator, should we take value of contract too in addition to value of share portfolio, as while going long we have to pay the full amount. Like in short position, we only take returns in numerator but not take value of contract in denominator, So, while going long, should we take it in both numerator as well as denominator?

latest answer

Understood sir, Thanks.

Lalit Sanpal

Lalit Sanpal

CA Final

6K+

6

622

Accounting standard AS22

Accountancy

answered on 14-Apr-23 13:15

Can any one explain in detail deffered tax arises due to timing difference is either deffered tax asset or deffered tax liability

latest answer

TQ sir

P.udaykumar Pasupulati

P.udaykumar Pasupulati

CA Final

2K+

2

424