Forums
Natural resources
CFA
answered on 14-Oct-25 16:08
What is difference between rawland and farmland [Video Time Stamp: 02:04]
latest answer
Raw land is land not used for agriculture
Surya Praveen
CA Inter
★ 0
1
99
interest rate risk management, forward rate agreement formulae
AFM
answered on 14-Oct-25 13:59
sir the numerator in the formulae looks logical since it is pure gain by the forward rate borrower, but why there is a denominator 1+RR(dtm/dy) why they are doing this in the illustration 1 sum, the answer for the numerator coming for me is 4.5lakhs as the gain, but due to the denominator in the formulae it is reducing to 4.39 lakhs, is there any logic behind the formulae [Video Time Stamp: 07:45]
latest answer
Fra
Raghavan Mani
CA Final
★ 355
1
123
NON VESTED IN ILL 4
Accountancy
answered on 17-Oct-25 16:58
Sir, you said that for non vested leaves there will be no cash payment for unused leaves, then we are finding rs 50,000 as employee benefit expense for non vested leave
latest answer
Because the employees can take leave next year. We will still pay them normal salary even if they do not come to work. For this salary paid, we got benefit in previous year. So expense is booked in previous year.
AKASH V
CMA Final
★ 290
1
141
Clause (2), (7) and (8) of part 1 of Second schedule
Auditing
answered on 17-Oct-25 09:32
When a CA issues a certificate without examining books of accounts or related documents, under which clause will be held guilty of professional misconduct? In ICAI's suggested answers most of the times it has used the reference of clause (7) but alternatively clause (8) could also have been referred to. And when do we give the reference of clause (2)?
latest answer
Got it. Thank you!
Yug Bhattad
CA Final
★ 63K+
2
181
Used a different perspective
Financial Management
answered on 14-Oct-25 20:41
Sir, i thought, (i)requires us to calculate the cost slab wise, What i did is:- project X requires Rs.6.5 Lakhs, i thought, this Rs.6.5 L is bifurcated first in the debt : equity ratio for which i get Debt = Rs.2.6 L and Equity = Rs.3.9L and for both, slab rates are given in the table, and cost will be calculated accordingly. i have attached the picture of my workings. what i did in my workings is i applied slab rates for debt and equity. I didnt realised i was doing all in wrong way untill i saw the video for checking. [Video Time Stamp: 11:30]
latest answer
ICAI is not always logical 😁 If you are they may not appreciate it Your approach could be considered right if u lost out right assumptions
Vinod Kumar
CA Inter
★ 11K+
3
137
Persuasive Audit Evidence
Auditing
answered on 21-Oct-25 18:51
Can you explain what is Persuasive Audit Evidence with example? Also what is its opposite word? Is it conclusive Audit Evidence? [Video Time Stamp: 02:31]
latest answer
👍
rashid poonthala
CA Final
★ 31K+
4
221
illustration 7
Accountancy
answered on 13-Oct-25 22:27
why do we subtract the salvage value even when its not given as a seperate deduction in the notes [Video Time Stamp: 06:30]
latest answer
Yes. Similar treatment like income from testing.
Rithu V
CA Inter
★ 4K+
3
153
why the assumption
Financial Management
answered on 14-Oct-25 18:19
why is the number of days in a year assumed as 360 days just for calculation? isnt it a fact that a year has 365 days and therefore lets keep it as 365 days and do it and put in decimal answer [Video Time Stamp: 10:48]
latest answer
ok thank you sir
Just Enjoy
CA Inter
★ 3K+
2
146
Topic Returns
Indirect Taxation
answered on 15-Oct-25 16:22
Sir, in the above lectures, you did not explain about GSTR 1A, GSTR 6, GSTR 7, and Information Return (Section 150 & 123), which are there in the ICAI Material. Please provide me with the lectures on the above topics.
latest answer
We are in the process of updating. Will be done by end of this month.
Narmada Chennuru
CA Final
★ 4K+
1
140
Additional Audit Procedure vs Alternative Audit Procedure
Auditing
answered on 14-Oct-25 06:49
I have a general question Is the Additional Audit procedure and Alternative Audit procedure the same? or is there any difference between them? Can we use these terms interchangeably? [Video Time Stamp: 09:32]
latest answer
Great explanation
rashid poonthala
CA Final
★ 31K+
2
262