Forums
present value
Financial Reporting
answered on 25-Jan-26 12:11
sir, here we getting benefit interest but why are we calculating fair value of loan, instead why we not calculate by difference of interest rates and discount the interest of 15lakhs(25lakhsx%x5years) [Video Time Stamp: 04:32]
latest answer
You will understand the full logic in Ind AS 109
santosh durgapu
CA Final
★ 2K+
1
119
Goodwill allocation
Financial Reporting
answered on 27-Jan-26 10:27
Sir goodwill on acquisition is not only allocated to the acquired business but also to the existing business right???? In this question goodwill is allocated to CGU A,B,C alone as the ratio is mentioned in the question.... If nothing is mentioned about allocation of goodwill that is no ratio is given and the carrying value of SUN Ltd is also given means..... Will we allocate Goodwill to Existing Business (SUN Ltd) as well??? If so who or in what basis we'll allocate the Goodwill??? [Video Time Stamp: 09:25]
latest answer
The question will specify basis of allocation.
Mohanbabu N
CA Final
★ 3K+
1
181
Change in ownership
Financial Reporting
answered on 24-Jan-26 09:51
If there is no loss of control, then we have to disclose under Financing activity, this is applicable only for CFS or even standalone?? [Video Time Stamp: 06:28]
latest answer
For standalone its a disposal of investment so investing activities
Shilpa hosmane
CA Final
★ 12K+
1
203
Articleship
Others
answered on 29-Jan-26 16:21
Sir what is the monthly practical training record? And how to maintain it?
latest answer
Your principal will guide.
Priyanka R
CA Final
★ 20K+
1
144
illustration 44
AFM
answered on 24-Jan-26 07:20
Why dividend is cost for Xyz limited ..since they have only borrowed it will be directly received by Mr A na..so..it won't be cost for XYZ limited Equity valuation in AFM [Video Time Stamp: 22:46]
latest answer
Think of this as follows If u borrow a hen and keep it in your house. When it lays an egg initially u have possession of the egg. but u have to give the egg back to the person from whom u borrowed the hen 😀 Same logic applies here
Kanakesh 05
CA Final
★ 50
1
130
Mutual fund
AFM
answered on 24-Jan-26 17:35
Is the formula used in question no.8 is correct or is it a mistake sir
latest answer
Thank you sir for clarifying
Divakar P
CA Final
★ 320
2
204
UDIN for Auit Report
Auditing
answered on 29-Jan-26 16:55
Mam, i see two diffrent auditors giving two different UDIN for the same audit report. Is it valid in practice? that same document can have two different UDINs? [Video Time Stamp: 09:15]
latest answer
Understood this as i covered SA 600, Thank you mam for the clarification
Vinod Kumar
CA Inter
★ 11K+
10
164
Syllabus sequence
Accountancy
answered on 23-Jan-26 18:39
Sir, In ICAI Syllabus, Accounting standards are been listed and grouped under specific chapters like asset based AS's like that. Should we have to study in that sequence or As per sequence of your study material.
latest answer
Ok sir. Thank you
Jagadeesh Jaidev
CA Inter
★ 645
2
165
Ind AS 41 Agriculture
Financial Reporting
answered on 27-Jan-26 10:27
Sir how come we are recognizing revenue from sale of an asset when 18 goats are sold on 1st June 20X2
latest answer
Sale in ordinary course of business. Like inventory is also an asset. When sold revenue is recognised.
Prasoon Goel
CA Final
★ 920
3
138
Sec 10(1)(ca)
Indirect Taxation
answered on 28-Jan-26 12:53
Sir, whether my understanding is correct or not,if not correct me. Section 10(1)(ca) will be applicable only when the buyer is an unregistered Person and buying goods outside his residence and bringing back to his residence [Video Time Stamp: 13:29]
latest answer
Okay sir, thank you.
K Vamshi
CA Final
★ 14K+
2
140