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Changes in may 2022 icai study material

Others

answered on 11-Feb-22 11:05

Sir, please upload what all are the changes in may 2022 iacai study material from that of nov 2021 study material. It would be great help.

latest answer

Thank you sir

Aardra Prem

Aardra Prem

CA Final

5K+

5

614

Weighted average Method

Costing

answered on 04-Feb-22 16:27

In Weighted average Method Illustrations, the average for all Purchase is taken at first itself and Multiplied with issue Qty later. Is this Right method? Since the average Value for Issue is calculated from a Purchase which has Occurred after the Issue

latest answer

Yes.

Vijay adithya

Vijay adithya

CA Inter

5K+

3

473

Stock Out Illustration

Costing

answered on 03-Feb-22 20:29

(ii), (iii) Explain These I cannot Understand those

latest answer

In the question, they gave delivery time and percentage of occurrence. For example: If you are keeping safety stock for only 6 days, then there is 25 percent chance of stock out. (100 - 75) If you are keeping safety stock for only 7 days, then there is 15 percent chance of stock out. (100 - 75 - 10) (ii) In this, it was given that 15% risk level. So take 7 days. (iii) In this, it was given that 5% risk level. So take 9 days.

Shanmukh Vemuri

Shanmukh Vemuri

CMA Final

5

1

442

Portfolio Management - Illustration 5

AFM

answered on 03-Feb-22 12:04

In the equation for calculation of beta, mean of x² is 437.22(20.81*20.91). In the video, it is taken as 175.29(13.24*13.24). Is it an error? Please clarify. Please refer the attached screenshot taken from the video and question.

latest answer

Can you please go through the solution again? The solution is correct there is no error - you are probably confusing one term for another - you can check the ICAI solution also on page 5.43 it also has the same values x mean is avg mkt return which is 13.24 https://resource.cdn.icai.org/67843bos54415-cp5.pdf

Arjun Ks

Arjun Ks

CA Final

45

1

664

Branch accounts

Accountancy

answered on 04-Feb-22 11:28

How to calculate branch manager salary? Anyone They took( NP * 1/11) why?

latest answer

Because its 10% commission after charging such commission so we know the value for 110% and we are finding out what is 10% so NP x 10/110 = NPx1/11

vs navin

vs navin

CA Final

1K+

1

448

Audit Sampling

Auditing

answered on 03-Feb-22 13:16

What is the difference between Sample Size and Sampling unit.

latest answer

Suppose if there are 1000 sales invoices in total, and out of that auditors wants to check 200 invoices. 200 here is sample size and 1000 is population and each invoice is a sampling unit.

Sai Eswar Kolli

Sai Eswar Kolli

CA Final

30K+

2

534

Capital gains

Direct Taxation

answered on 03-Feb-22 10:17

In this question i can't understand 3rd i.e c part of the question Can anyone explain me please

latest answer

The above concept is there in our videos. Please go through them. PGBP and Capital Gains module

sriram kannan

sriram kannan

CFA L1

0

3

619

Variation of Shareholders rights

Corporate & Other Laws

answered on 02-Feb-22 15:55

Whether special resolution has to be passed even if such variation was already mentioned in the terms of issue of shares?

latest answer

For including such variation in terms of issue, special resolution would have already been passed, so not required.

Nivedha Balaji

Nivedha Balaji

CA Final

9K+

1

449

Reverse charge

Indirect Taxation

answered on 04-Feb-22 11:00

who is Specific recipient .... And when 5%and when 12%

latest answer

Tq

Kruthika Ramesh

Kruthika Ramesh

CA Inter

650

2

587

Explain anyone

Others

answered on 03-Feb-22 18:00

What is Impact cost in simple way

latest answer

Thank you sirr

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

3

513