Forums
Crypto currency
CFA
answered on 13-Oct-25 20:48
Sir please explain crypto currency whales . [Video Time Stamp: 27:36]
latest answer
Whales
Surya Praveen
CA Inter
★ 0
1
115
Loan to related party
Corporate & Other Laws
answered on 15-Oct-25 11:42
X ltd has advanced loan amounting to 10 crores to an LLP, in which X ltd is the designated partner. The llp agreement mandated 12% interest on loan.Since the LLP has not commenced its business operations and partners through a board resolution agreed for no interest on loan. In regard with section 186 and CARO reporting, kindly guide, what should be done here.
latest answer
Under CARO 2020 , the auditor must report the loan and state whether its terms are prejudicial to the company’s interest, since no interest is charged as per agreement.
Azmi RZmi
CA Final
★ 10K+
1
126
DEFERRED TAX - PPE
Accountancy
answered on 13-Oct-25 22:22
While computing Deffered tax as per WDV, should I adjust profit on sale of fixed asset or loss on derecognition of assets?.
latest answer
Ind AS follows balance sheet approach. You simply compare the carrying amount as per books and tax base. Though we sell assets, it does not result in profit or loss for tax purposes since we follow block of asset concept.
Azmi RZmi
CA Final
★ 10K+
1
123
Digital assets
CFA
answered on 13-Oct-25 20:50
Sir please explain dogecoin i didn't understand [Video Time Stamp: 21:00]
latest answer
Dogecoin
Surya Praveen
CA Inter
★ 0
1
105
hillers model formulae
AFM
answered on 13-Oct-25 19:34
Sir in hillers model formulae why are we squaring the denominator in 2, 4 ,6 in the sum no illustration 14 while calulating standard deviation [Video Time Stamp: 20:00]
latest answer
I am not aware of the logic I don’t even know where they picked up this concept from I have searched at multiple places and in various books but could not find the source for hillers method I mentioned abt this in the videos too
Raghavan Mani
CA Final
★ 355
1
191
Query
AFM
answered on 13-Oct-25 20:31
Sir , in this qn it is saying that XYZ inc issues a loan right? So it means they are the lender .so typically they should buy a floor and sell a cap , right? [Video Time Stamp: 00:19]
latest answer
The wording is poor Issues a loan means issues a bond. i.e they are borrowing Also, only if you are borrowing would you be interested in restricting your outflow due to increase in interest rates So You woudl enter into a buy cap only if you issue a bond i.e take a loan
Sahal Shalu
CA Final
★ 0
1
104
Clerical
Financial Reporting
answered on 16-Oct-25 15:05
At the time stamp 2:10, in the chart, it should have been Does transaction 'have' a commercial substance, right? [Video Time Stamp: 02:11]
latest answer
The correction is done. please watch it now.
pooja lakshmi
CA Final
★ 2K+
2
118
8th sum in icai book
Accountancy
answered on 13-Oct-25 22:27
If the nrv is zero without processing it further, why shouldn't we take that as the value of the inventory
latest answer
Not like that. If the partly finished goods can be processed further, we consider the selling value of FG and reduce further processing cost. Say for example at WIP stage we can sell the product at 50. If we process it further by incurring Rs. 30, we can sell it at 90. In this case extra cost to process is 30 and extra revenue is 40. So we would process further. NRV would be 90-30 = 60. However if we process the product by incurring 30, and we get revenue of Rs. 70, it is not advisable to process further.
Rithu V
CA Inter
★ 4K+
7
154
Applicability of CFS
Financial Reporting
answered on 12-Oct-25 22:09
Sir, if an entity has an associate but not a subsidiary, then it does not need to prepare CFS right? But it has subsidiaries and associates, then it has to consolidate associates as well. Am I right sir? [Video Time Stamp: 06:32]
latest answer
Yes.
pooja lakshmi
CA Final
★ 2K+
1
127
net worth calculation for year 2017 in case of net profit net worth ratio
Financial Management
answered on 14-Oct-25 18:22
i dont understand how 117000 is the capital emplyoyed . u have to add the 300000 debentures too right for including in capital employed? [Video Time Stamp: 06:12]
latest answer
understood thank you . i had a confusion between the three terms - cap employed net assets and net worth all three are equal but now its clear sir . thank you
Just Enjoy
CA Inter
★ 3K+
2
170