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GOOGLE'S VISSION AND MISSION
Strategic Management
answered on 21-Jul-25 12:36
[INSIGHTS] Sir, Google's Vision & Mission seems to refer space programs, the word "Worlds information" seems to be a broader vision particularly when we think of space missions such as spacex. [Video Time Stamp: 02:20]
latest answer
Yes
Vinod Kumar
CA Inter
★ 11K+
1
145
Charge OF GST
Indirect Taxation
answered on 22-Jul-25 11:16
What is meant by Charge of gst? Explanation [video Time Stamp: 00:10]
latest answer
It means imposed
V Ajith Kumar
CA Inter
★ 1K+
3
219
Differential balance in SBP reserve
Financial Reporting
answered on 18-Jul-25 06:52
At the timestamp 12:39, we passed an entry for cash settled. There we debited the equity component with Rs. 1350 but the initial recognition is only for Rs. 1100. What about the differential amount of Rs. 250
latest answer
Think of it like excess payment to equity. Reduced from equity in BS
pooja lakshmi
CA Final
★ 2K+
1
148
Aggregate Turnover
Indirect Taxation
answered on 18-Jul-25 23:31
If Mr. A is invested in debentures whether interest on debentures will be added to Turnover? If Not included Why?
latest answer
It is included since exempt income is also included in aggregate turnover
Pradeep Ravikumar
CA Final
★ 1K+
1
164
Initial recognitions exception for DTL
Financial Reporting
answered on 21-Jul-25 15:42
Hello Sir, I think in your example (6 minutes 33 seconds)you have mentioned tax base - 0 and carrying amount - 100,000 but since depreciation is charged in books carrying amount should be 0 and tax base should be 100,000 as there is no depreciation, resulting into DTL. 🤔 [video Time Stamp: 06:34]
latest answer
Okay Sir- was just confirming my understanding.
Siddhi Rao
CA Final
★ 140
3
175
Final accounts of sole proprietorship
Accountancy
answered on 21-Jul-25 15:34
It looks like there has been an error in pl which has been revised Sir has seen that Prepaid insurance is an asset which has been treated as revenue by putting it in the credit side of the pl account The prepaid insurance is to be deducted from profit not to be added
latest answer
Whether you deduct from expense side or add to income side, the final impact is same.
Gurukanta Singh
CA Foundation
★ 19K+
4
225
Demurrage
Indirect Taxation
answered on 18-Jul-25 23:32
But while calculating FOB, we did not added demurrage why? [Video Time Stamp: 10:08]
latest answer
Demurrage cost is incurred after loading the goods into the vessel. That’s why it is not added at FOB stage
Hrishikesh Pradhan
CA Final
★ 18K+
2
222
Adjustments
Indirect Taxation
answered on 18-Jul-25 23:33
Sir, i wanted some clarity in relation to FOB. So, all the adjustment we learnt that is to add demurage, lighterage, etc, those shall be added before FOB or after FOB but before CIF and also will 20% for freight will be calculated on FOB value which includes such adjustment [Video Time Stamp: 06:29]
latest answer
Demurrage, lighterage are added after FOB. Cost incurred after goods are loaded into vessel in foreign country is included after FOB
Hrishikesh Pradhan
CA Final
★ 18K+
1
166
Fraud
Auditing
answered on 17-Jul-25 18:21
Maam, if as an auditor we see such a fraud, can't we do external confirmation..why should we withdraw from the engagement? [Video Time Stamp: 05:36]
latest answer
External confirmation is basically confirming existence of matters . In audit, it has some limitation that we need to get data available from the management, route through them etc. so it can’t be considered as reliable. external confirmations alone may not resolve the issue, particularly when: -The suspected fraud originates at a senior level (like CEO/CFO), -There’s collusion or override of controls, -The integrity of the management is in question, In such situation, withdrawal become mandatory.
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
139
Time Limit for Publication of Statement on Website
Auditing
answered on 17-Jul-25 18:26
Ma'am in Question 1(5), the question is that what is the date by which the unpaid dividend should have been transferred to the unpaid dividend account and by what time should the statement be published on the website. 1. For computing the date by which the amount should be deposited in the unpaid dividend account, we have taken the ideal time limits. Like, dividend should be paid within 30 days of declaration thereof (i.e., 30 days from 25th April = 25th May) and within the next 7 days the unpaid dividend should be transferred to the unpaid dividend account (i.e., 7 days from 25th May = 1st June). 2. But for computing the date by which the statement should have been published, we have taken the actual limits i.e., 90 days from the date of actual transfer to the unpaid dividend account (90 days from 15th June = 13th September). Should we not take the ideal time limits for computing this date i.e., 90 days from the date on which the amount should have been transferred to the unpaid dividend account (90 days from 1st June = by 30th August). If we are taking the actual limits then we should have also computed the date for deposit into the unpaid dividend account to be 7 days from the actual payment of dividend (i.e. 7 days from 10th June = 17th June).
latest answer
Within 90 days of transferring the amount, the company must prepare a statement containing the names, last known addresses, and amount unpaid and place it on the company’s website and also on any other website approved by the government. Here time line is 90 days from transferring not end of 7th day. In summary, -it’s 30 days -Then within 7 days from compeletion of 30 days. -So max by 37th day. N if transfer has happened on 32nd day only, then 90 days from 32nd day. Not 37th. That’s the proper provison of sec 124
Vignesh Panigrahi
CA Final
★ 1K+
1
161