Forums
May 2025 MTP 1
AFM
answered on 07-Feb-26 15:17
Sir, i think institute has made a mistake, while calculating WACC, kd shall be taken post tax , but they have taken it pre tax ! So, if I take post tax, answer obviously comes different. So am I right in such regards?
latest answer
Yes u r right
Hrishikesh Pradhan
Qualified CA
★ 18K+
1
188
Swap points
AFM
answered on 07-Feb-26 13:33
How to identify that the given swap points are forward premium or forward discount in the question?
latest answer
Ok sir thank you
Poorani Prabha Ravi
CA Final
★ 8K+
4
138
Inventory account
Accountancy
answered on 07-Feb-26 12:11
Sir, my understanding is that cogs is an expense we that we incurred to produce goods if it’s increasing it’s a debit , in that case why is it appearing on credit side on the stock account , and similarly closing stock is an asset why is that appearing on credit side [Video Time Stamp: 02:50]
latest answer
Entry is Closing Stock Ac Dr To trading account
Aravind V
CA Foundation
★ 0
1
139
Inventory valuation
Accountancy
answered on 07-Feb-26 05:47
Sir the reason as to why we measure inventory at lower of cost or nrv is due to conservatism principle, is my understanding correct about this .
latest answer
Yes. Or prudence
Aravind V
CA Foundation
★ 0
1
109
Security Deposit & Rent free Period
Financial Reporting
answered on 09-Feb-26 17:06
Sir what will be the treatment for 1. Security Deposit refundable at the end of the lease adding a layer of cash flow adjustment 2.Rent free period of 6 months at the start requiring adjustment of lease liability present value Will any of these impact in the ROU asset ? And how ?
latest answer
1. We compute PV of deposit refundable and it is treated as a separate asset. The excess amount paid i.e total amount paid - pv of deposit is treated as lease payment (This will be covered in detail in Ind AS 109) 2. If say there is no rent for 1 year. Just take payments from Year 2 and compute present value at Year 0. Same is the treatment for 6 months free. Rent paid after 6 months is discounted to PV.
Harini Desu
CA Final
★ 2K+
1
107
deprecition
Financial Reporting
answered on 09-Feb-26 17:07
sir, if the asset has classified as sale and not sold up to 2 years. is we required to charge deprecition. if not why? [Video Time Stamp: 15:31]
latest answer
When an asset is marked as “to be sold”, the company stops using it. Since depreciation is for use and wear-and-tear, there is no reason to reduce its value further. The asset’s value will be recovered by selling it, not by using it.
santosh durgapu
CA Final
★ 2K+
1
160
reversal of impairment loss
Financial Reporting
answered on 09-Feb-26 17:07
sir, if in the question if they gave the cfs for year ended 2019. we shall calculate the recoverable amount and compare the carrying amount as if no impairmaint loss as occured. difference amount is transferred right sir ? [Video Time Stamp: 24:08]
latest answer
Can you elaborate your question.
santosh durgapu
CA Final
★ 2K+
1
97
MTP 1 Sept 2025
AFM
answered on 06-Feb-26 13:38
In this question, why have they not calculated the FRA amount using our settlement amount wala formula they have only calculated the numerator part while when I was solving i calculated settlement amount using our usual formual
latest answer
IN this question, they are not asking us to compute FRA settlement value - they are asking what is total cost of borrowing if an FRA is entered into and a futures contract is entered into. Even if FRA is net settled on fixing date, firm will actuall borrow for 6 months and the FV of the FRA settlement value is adjusted to int cost of eventual loan - even then you will get the same answer
Hrishikesh Pradhan
Qualified CA
★ 18K+
1
137
Business law Chapter 1 Indian regulatory framework
Corporate & Other Laws
answered on 06-Feb-26 14:12
Mam,In this particular chapter which topics are most important for exam and in this chapter they will ask case studies or direct questions and for how many marks
latest answer
Ok mam thank you
Harshitha J Kulkarni Kulkarni
CA Foundation
★ 0
4
256
Advanced Capital Budgeting
AFM
answered on 05-Feb-26 06:16
Sir, i had a query in respect of presentation, here they have calculated SD an all figures are in lakh, if I do it without rounding off, I.e SD of 8540000 the answer comes obviously different but if did SD of 85.4 L then answer matches with them, in exam how to identify if have to take full figures or how ?
latest answer
exactly
Hrishikesh Pradhan
Qualified CA
★ 18K+
3
150