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CFA Eligibility

Exams

answered on 29-Jan-23 13:55

Is CFA Level 1 eligibility B. Com graduate or B. Com final year ?

latest answer

Okay

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

7

576

Intangible asset

Accountancy

answered on 29-Jan-23 09:38

Goodwill (internally generated) cannot be recognised as intangible assets Goodwill (acquired) can be recognised as intangible assets Check whether the above statements are true? An intangible asset is an identifiable non monetary asset. Why it is called as identifiable non monetary asset though money can be raised by selling it?

latest answer

Refer to definition of non monetary in AS 11.

Krishnan K

Krishnan K

CA Inter

5K+

1

375

Can anyone explain the solution of this question?

Accountancy

answered on 29-Jan-23 08:35

My answer is not coming

latest answer

1.12.2005 : Opening Stock 50*44 2,200 2.12.2005 : Purchase 100*47 4700 Weighted average closing stock as on 2.12.2005 (2200+4700) / (50+100) 6900/150 = 46/unit Closing Stock on 2.12.2005 (100+50) * 46 = 6900 4.12.2005 Issued 50 units Closing stock 100*46 4600 units. ® 5.12.2005 Purchased 200 units @ 48 = 9600 Weighted average cost of inventory (9600+ 4600®) + (200+100) 14200/300 = 47.33 You have to consider the closing stock and value after issue of raw material as on 2.12.2005

Anshu Singh

Anshu Singh

CA Foundation

0

1

563

About solution

Maths & Stats

answered on 31-Jan-23 14:10

It is necessary to solve the additional Questions from the study material

latest answer

If you have time, then you may solve all the additional questions. It will give you more conceptual clarity and confidence.

ABU NASAR

ABU NASAR

CA Foundation

7K+

6

593

Portfolio management illustration 30

AFM

answered on 29-Jan-23 09:15

Sir in 2nd part why are we taking investment value at market price on 1/4/2010. The investment is made on 1/4/2009, So that's the total investment right?

latest answer

If you have an FD of 100 on 1 Jan 23 and end of year FD value is 110 - the return is 10% on 1 Jan 24 FD value is 110 and on 31 Dec 24 FD value is 132 For calendar year 24 return is computed as 132/110 -1 = 20% The same logic used here also

nazriya nasar

nazriya nasar

CA Final

7K+

1

488

Securitization of assets

AFM

answered on 31-Jan-23 09:13

What is the difference between factoring of receivables and securiazion?

latest answer

Thanks sir

Nandhu

Nandhu

CA Final

6K+

2

644

Why we need Provision for Expenses Item?

Accountancy

answered on 31-Jan-23 12:06

"Provision for Staff Welfare," I notice in one question. I thought that provision is for Bad Debt , Income tax etc., to ensure Matching Concept. Then Why Need Provision for Staff Welfare, Staff Welfare Expenses Incurred and accounted in same year, there is no provision required to meet the Matching Concept!

latest answer

Sometimes to avoid huge expenditure which is contingent

Yogesh S

Yogesh S

CA Final

125

3

582

Part time online job

Others

answered on 31-Jan-23 17:12

Hi, This is dhanushree I'm have written my ca foundation exam in Dec 22 and i am waiting for my results. Meanwhile I need some money.. So I decided to do some part time online jobs.. But I wasn't able to find any jobs.. Could anyone here could guide me regarding this.. Pls.. I could to works like data entry, data analysis, accounting, book keeping, typing, Ms excel, Ms office, Ms Word.. Please help me to find some part time online job.. ð???ð???ð???ð???

latest answer

K sir

Dhanu Shree

Dhanu Shree

CA Inter

0

6

573

D3 or D4 ?? - Security valuation

Financial Management

answered on 29-Jan-23 09:59

In Question, they asked for the end of three years i.e., D3, but in the solution it was computed as D4. Can tell me which is correct one..

latest answer

Got it sir, than

Chandu vadla

Chandu vadla

CA Final

11K+

2

681

M&A

AFM

answered on 28-Jan-23 17:25

In Illustration 56 part (ii) why we have not considered the savings of Rs 400,000 and added that in the value lost ?

latest answer

Ohh alright, misread the question.

Himanshu Somani

Himanshu Somani

CA Final

97K+

2

609