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Permanent and Current Consolidation Adjt
Auditing
answered on 17-Nov-25 08:07
Ma'am, in permanent adjt also we learned about subsequent change in shareholding pattern and the same is in current concolidation adjustment, what makes them different in such regards [Video Time Stamp: 09:31]
latest answer
It’s depends upon the purpose and effect of the same. They are different . Permanent- if after acquisition stage, if share holding is sold or acquired, it doesn’t affect the goodwill, capital reserves, pre post acquisition profits . They are remain same as at the date of acquisition. If, during the current reporting year, the parent has increased/decreased holding, then, We pass adjustments in Current Year Consolidation. Goodwill remains unaffected. It’s year specific so current year adjustment.
Hrishikesh Pradhan
Qualified CA
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171
Icai module Q23 forex
AFM
answered on 16-Nov-25 09:23
If they have given cost of funds to be 12% .they have considered it only on hedge upfront premium. Shouldn't we consider it on the borrowed $ 60,000
latest answer
Pls go through all icai sm and / my material p600 problems without solving once Then come back and solve Will make things simple
Gauri Shete
CA Final
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5
169
Number of Days of Investment held
AFM
answered on 15-Nov-25 18:42
Sir for the First case and subsequent, I have calculated the number of days as follows.. Yield= (Closing+ Dividend-Closing)/opening Value = 5029.12/200,000 = 2.514% Number of Days is 9.66 = 2.514*365/x = 95.01. This can be solved in this manner as well right? [Video Time Stamp: 11:57]
latest answer
yes
Shreyas Nayak
CA Final
★ 0
1
160
5:57
CFA
answered on 18-Nov-25 01:23
If the gift is a token gift after past performance? In the exam how we can distinguish on this aspect, as i believe token gift is acceptable. In this case but bonus or gift before or after performance require written consent/notify the employer , also as per independence and objectivity? [Video Time Stamp: 05:56]
latest answer
Thank you sir
Ganesh V
CFA L1
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4
144
May 2015-Fate of forward contract
AFM
answered on 15-Nov-25 19:42
I understood that they have considered 15 days as per earlier law however still I did not understood calculation for swap as per them because as per me it seems like optionally deliverable fwd contract at 63.95 and sold at spot on 10th june 63.8 so difference between then is swap
latest answer
Ok sir ! Thank you
Hrishikesh Pradhan
Qualified CA
★ 18K+
5
159
J.E wrt interest cost
Financial Reporting
answered on 17-Nov-25 12:29
Timestamp 1:49 Sir, want a clarification wrt interest cost on DBO Whether the interest cost to be Debited to Employee benefit expense or Finance Cost? [Video Time Stamp: 02:52]
latest answer
It's recognised as employee benefit cost.
rashid poonthala
CA Final
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2
218
Illustration 6 - Unearned Finance Income
Accountancy
answered on 17-Nov-25 12:46
Why UGRV is added without discounting in this illustration, kindly clarify sir. [Video Time Stamp: 09:54]
latest answer
Gross Investment is without discounting.
Kumar Anand
CA Inter
★ 2K+
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150
perquisite
Direct Taxation
answered on 17-Nov-25 17:44
in what situations are perquisites wrt medical facilities for family exempt? 1. employer's own hospital 2. govt hospital 3. prescribed diseases that's all right? in this question below, the treatment of sister although dependent isn't exempt as it doesn't fall under the above categories, right?
latest answer
Yes right.
Ritu Kotian
CA Inter
★ 19K+
1
162
Digital auditing
Auditing
answered on 15-Nov-25 20:06
Audit of digital auditing remote audit
latest answer
What’s is your query?
Pathan Gulnaz khan
CA Final
★ 180
1
189
AMC and Trust
AFM
answered on 15-Nov-25 11:07
Hello sir, As you mentioned, if AMC 's are the companies that invest in the capital market on behalf of the investors, then what is the purpose of the Trust sponsored by Prudential and ICICI in this case? Prudential and ICICI can directly form an AMC where the people managing it are independent right? [Video Time Stamp: 04:54]
latest answer
👍🏻
Shreyas Nayak
CA Final
★ 0
2
178