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Contingent Consideration
Financial Reporting
answered on 31-Jul-25 18:17
Contingent Consideration if it is Probable- Considered in PC Contingent Consideration if it is NOT Probable- also considered in PC What is the reason or logic, Sir?
latest answer
Same logic
santhu mallikarjuna reddy gali
CA Final
★ 29K+
3
281
Studying methodology
Strategic Management
answered on 05-Aug-25 19:31
How to study SM as it is too theoretical and involves lot of technical terms. I forget it after 10 mins of studying though I take notes.
latest answer
IF you have taken our classes, you can use visual cues to remember. The only way to remember is repetition / revision
Shankari C
CA Inter
★ 3K+
1
199
Non cash consideration
Financial Reporting
answered on 01-Aug-25 16:30
In the example where prod co Y sells a tv show to tv co X . selling price of show is 1500 received by Y is total 1500 as cash and non cash consideration what about excess amount(100) received ? or in case lower is received ? no effect should be given sir ? [Video Time Stamp: 08:50]
latest answer
For any sale, you will see the value of what you received (Ind AS 115) For any purchase you will se the value of what you gave (Ind AS 16, 40 etc)
Sowmitha C
CA Final
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1
165
Ind AS 102 - SBP (Exercise Period)
Financial Reporting
answered on 01-Aug-25 16:36
ILL 22 If intrinsic value = Rs. 15 on 31st Dec 20X8, Will SBP Liability be remeasured to Rs. 4,50,000 before settlement? Employee Benefit Exp 60,000 To SBP Liability 60,000
latest answer
On the date of maturity, intrinsic value and fair value would converge. It is very unlikely that both values are different. If there is a difference and the appreciation value is to be paid, we will pay at intrinsic value.
Durai Murugan
CA Final
★ 470
1
166
Transfer of movable assets
Direct Taxation
answered on 29-Jul-25 23:04
Other assets= Actual cost - 20%(SLM )- Amount recovered, Right ? [Video Time Stamp: 10:51]
latest answer
It is 10 percent by SLM. Will rectify the display. Thank you. Consider the concept discussed in class
Elzabeth Britty PJ
CA Inter
★ 2K+
1
205
As 4
Accountancy
answered on 01-Aug-25 16:58
Is it a adjusting event or non adjusting event ? Reason ?
latest answer
Reason - substantial part of transaction is completed. Only formality of registration is pending. Substance over form.
Sri ram Pothineni
CA Inter
★ 11K+
3
228
Question
Accountancy
answered on 02-Aug-25 16:04
In the Plymouth LTD Illustration, the amount of 0.42L which is to be charged off to P&L A/C, can we call such amount as IMPAIRMENT LOSS? PLEASE EXPLAIN
latest answer
Thankyou Sir
Mohamed Kaiz
CA Inter
★ 5K+
2
225
Preparation Strategy
Auditing
answered on 05-Aug-25 04:37
Hello Ma’am, I want to set aside 500 questions and by heart all of them, 10 or 15 a day… My attempt is in Jan-26 Revision is not sufficient as I am not able to recall the points…… Although I understand the concept, I struggle with written down points for direct questions, I am able to solve case study based questions as I understand the concept and it’s just a matter of writing down what you already know. I want you to advice me on whether my plan to by heart 500 questions using flashcards is good or am I simply wasting time ? Is there a better way to? Please help me ma’am….
latest answer
Thank you for your input ma’am.. I will keep that in mind.
Annapureddy Veera Mohan Reddy
CA Final
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4
224
SPOM
Others
answered on 29-Jul-25 17:05
I have completed my inter in May 23 and article in the prev month whether I have to write Spom set c and d
latest answer
Thanks bro
Saravanan Murugan
CA Final
★ 19K+
2
233
TDS
Direct Taxation
answered on 29-Jul-25 23:04
Suppose if we have to deduct tds under section 194H(2%) but we accidentally deducted under 194C then what will be the consequences? Will the expenses be 30% dissallowed or not ?
latest answer
Exactly
Snehashis Mohanty
CA Inter
★ 35
7
233