Forums
Ca Firm
Others
answered on 13-Feb-23 07:18
Can a CA work in office as well as start his own practice both at same time???? Managing both things is his concern..
latest answer
No specific restrictions..but the number of audits which he can do is limited to 20 companies.. So as a firm and as individual he can do only 20 in total
Prathmesh kharul
CA Foundation
★ 3K+
2
515
Value of supply
Indirect Taxation
answered on 12-Feb-23 22:39
Igst , BCD paid at the time of importation of goods ...will it be included in transaction value in as per 15 2 a
latest answer
Yes it is. You will learn valuation under customs in CA Final
Addu Gill
CA Inter
★ 0
1
546
Itc
Indirect Taxation
answered on 14-Feb-23 11:24
..
latest answer
Yes you are right.
Addu Gill
CA Inter
★ 0
6
508
Company accounts
Accountancy
answered on 12-Feb-23 21:57
Anybody explain to me this question and also how there is mentioned that 700 shares
latest answer
The forfeited shares are reissued at 7 when the paid up value is 8..that means forfeited shares are issued at discount.. This discount of rs.1 will be debited to forfeited shares ac.
Vignesh s
CA Inter
★ 3K+
6
573
Industrial Training Vacancy
Others
answered on 13-Feb-23 11:58
I'm looking for Industrial Training in Bangalore, If anyone having information about Industrial Training Vacancy please inform me, it helps lot.
latest answer
Lenovo hiring Industrial Trainee in Bangalore. Please check..
Mahantesh Biradar
CA Final
★ 92K+
1
504
Shortforms
Exams
answered on 12-Feb-23 22:55
Sir, in exam can we write shortforms like EBIT, PBT, PAT, EAESH, etc. Is it allowed or will marks be deducted for such shortforms?
latest answer
Thanks a lot.
Varshaa M
CA Final
★ 35K+
11
2K+
Security Valuation - Bonds
AFM
answered on 13-Feb-23 00:12
Illustration 11 - Pet feed plc Sir, in the second sub division of this question, I don't understand why we are including the PV of 10000 in the sixth year end, when we don't receive it. Shouldn't we discount the coupon of 1000 for the extended period of 12 years and the FV of 10000 at the 12th year end... and then find the loss??
latest answer
"At the end of the 6th year, the present value of future cash flows for the next 6 years was estimated to be 10923 euros at an 8% discount rate. However, if interest rates were to increase, Pet Feed PLC would benefit as their coupon rate is 10% and the market interest rate would be 12%. This would result in a decrease in the bond's value, meaning that at the end of the 6th year, an investment of 10000 euros would earn 12% interest annually. By the end of the 12th year, the investment would be worth 10000 euros, so the present value of annuity for future (PVIAF) and present value of future (PVIF) would total 9181 euros. This would result in a potential loss of 1742 euros, which is the difference between the PV of future cash flows at the end of the 6th year (10923 euros) and the new estimated value (9181 euros). However, the actual loss would be 819 euros, as the investment of 10000 euros would only be worth 9181 euros."
Varshini Pandiarajan
CA Final
★ 30
2
738
Query related to ca inter exam
Exams
answered on 12-Feb-23 21:47
If one has completed a degree he is eligible to register for ca intermediate course as direct entry. Will he eligible to write ca intermediate exam before articleship.
latest answer
And also he should satisfy the prescribed percentage given by icai for direct entry students
Devadharshini S
CA Final
★ 58K+
4
624
Can I register for cma foundation for June 2023with late fees
Accountancy
answered on 12-Feb-23 16:57
.
latest answer
No u can join for dec attempt For june attempt closing date of admission will be 30 June December of previous year For the December attempt closing date of admission will be 30 June of the same year. There will no late fees for the extension. But due to some of the various reasons sometimes institute extend the last date of extension.
Teepa dharshini babu
CMA Inter
★ 290
2
815
ABC Costing
Costing
answered on 12-Feb-23 17:26
Why ABC Costing is more beneficial in long run rather than in short run?
latest answer
Indirect Costs are difficult to control in the long run. Traditional costing systems just attempts to allocate overhead based on absorption rate. However ABC Costing attempts to allocate product costs on a realistic basis (based on activities). This consumes time but in the long run, inorder to cover up costs, ABC system only helps.
Aswath Natarajan
CA Final
★ 2K+
3
507