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Theory guidance
AFM
answered on 11-Dec-25 17:24
Sir, now practical problems can be solved with practice, however how shall we tackle theory because theory also carries good weightage but reading module for theory doesn't seem logical as module is vast. What shall be the approach ?
latest answer
Ok sir ! Noted !! Thank you!
Hrishikesh Pradhan
Qualified CA
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175
Updated
AFM
answered on 11-Dec-25 15:39
Sir is there an updated version upto the latest attempt for this?
latest answer
Yes. Updated the file for Sep 25. It is available in Past paper analysis folder in free resources. You can now check in notes / intro folder in the course or in Past paper analysis folder in free resources
Selvakumar R
CA Final
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1
194
market risk premium
AFM
answered on 11-Dec-25 15:35
Why both securities had the same market risk premium? [Video Time Stamp: 02:30]
latest answer
Because MRP = RM - RF RM is market return say NIFTY or Sensex and it does not change when we compute ER of any stock Same with RF
Pavan Naidu ca
CA Final
★ 320
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186
Derecognition
Financial Reporting
answered on 15-Dec-25 17:08
here, rental of car is a business it means car is an inventory to that business, then we sells that car in the ordinary course of business, then it means transfer of inventory to PPE but here you said transfer PPE to inventory.. sir can u please explain me this. [Video Time Stamp: 02:48]
latest answer
Ya I understood sir thankyou
leela sowjanya
CA Final
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2
193
True Value of Cost
AFM
answered on 11-Dec-25 10:56
Sir, does it mean that Doom Limited got a market share of 290 lakhs post-merger, by only holding 250 lakhs(for the shares issued by Elrond Limited), the difference is the implied cost for Elrond Limited, am I right, sir? [Video Time Stamp: 07:30]
latest answer
Yes that I what ICAI solution says
Murali Thripuraboina
CA Final
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161
Class of assets
Financial Reporting
answered on 15-Dec-25 16:59
Y building under Property C and Property D has not shown separately,
latest answer
Both are land for admin purposes.
Reshma
CA Final
★ 570
1
156
Call option - Adjustment of Dividend
AFM
answered on 11-Dec-25 19:30
Sir, suppose in the exam we got a question to find out the value of the call option using Black Scholes Method and there is a dividend,what should be done.? 1. Whether we should adjust the dividend in the d1 formula or not.?? 2. What about So whether we should subtract the pv of dividend from it or not or else we should directly consider the dividend in the formula i.e C= S.e^-qt N(d1) - K e^-rt N (d2)..
latest answer
Okay, Sir,thank you.
K Vamshi
CA Final
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2
158
Doubt regarding date of departure and arrival while calculating number of stay in India
Direct Taxation
answered on 13-Dec-25 11:01
1: Why in Q9 Mr raghu's date of departure and arrival is not considered while calculating number of stay in India? 2: In Q 10 why miss Bhanushali's date of arrival and departure is included while calculating number of stay in India?
latest answer
For calculating number of days in India, the date of departure and arrival both are considered.
Roopam Pandey
CA Inter
★ 130
1
185
Qn in the video
Financial Reporting
answered on 10-Dec-25 16:17
In the qn being discussed before the end of the video, we know on 31st of March that we will continue to operate the business(in the absence of any information given to the contrary) and it is obvious that we will make revenue in the following year, so if we have to see the substance, the entity knows that there lies an obligation to pay the levy once it earns in the next year, so wouldn’ t be prudent to create a provision as we are not sure about the date when we will start to earn in the next year but we are sure that we will pay and a reliable estimate of the amount we have to pay based on the previous year’s earnings as at the end of year 1 and a liability as on 05.04.Y2? Extra doubt on Auditor’s reporting: Because if the FS do not show that levy(for eg. if the levy is 20% of 200crore) then the PnL would be materially be misstated in the absence of accounting for the same isn’t it? Because the understatement of expense in PnL would affect the economic decisions of the users of FS? In that case if the auditor finds it to be misleading, will there be a need for the Mgmt to alter the same and account for the provision or still adhere to what is given in the solution ? [Video Time Stamp: 12:38]
latest answer
In the levy example , the obligation arises only when the entity earns revenue in the next year (Y2). So even though the business continues, as of 31 March Y1, the entity has not yet triggered the event that creates the obligation. Knowledge that the entity will probably earn revenue in Y2 is not a past event, it’s a future event. There is not present obligation (a key component of definition of liability) The obligation becomes present only once the entity starts generating revenue in Y2. We don’t create provisions merely because something is probable and the obligating event must have already occurred.
Venkatesh Rathinam
CA Final
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166
Financial instruments
Financial Reporting
answered on 10-Dec-25 02:24
How will we know if we hv to pas journal entries in the book of holder or issuer
latest answer
Investment in debentures. So from point of view of investor. This is an example discussed in class.
SHRUTHI CHINNI
CA Final
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217