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AS 4 provision

Accountancy

answered on 26-Nov-20 17:14

if debtor may be insolvent becouse of any panding legal case lodged on him, if this condition before balance sheet if exist, but management does not knew about his insolvency and accounts of books have been finalised before taking as4 provision , is it prior period items in which magt knows

latest answer

Ok friend

DEEP VICKY

DEEP VICKY

CA Final

685

4

675

Video is not playing ..it is showing an error occured

Maths & Stats

answered on 26-Nov-20 15:59

It is showing and error 5161

latest answer

Error 5161 occurs when you are attempting to play, offline encrypted videos stored in your device that are deleted . You might have accidentaly deleted those files from your storage through file manager or any such other app. Please upgrade to the latest version of app 1.20, delete the videos where you see 5161, stream directly, or download again.

Pranusha simma

Pranusha simma

CA Foundation

590

1

668

Basic Query on ESOP

Accountancy

answered on 26-Nov-20 19:07

I want you to kindly have a look at the very last line of the 1st pic. It says "No Entry is passed when stock options are granted to employees" Now, in the 2nd pic you can see the same author has passed entry in 1st April (date of grant). I am confused. Please help me understand this.

latest answer

Ok thank you

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

5

689

Systemically vs Non Sytemically applicable %

Accountancy

answered on 27-Nov-20 15:57

For standard asset is .40% and .25% respectively And rest others are same for both: 10% for SS 20% for Df upto 1 yr 30% for Df 1 to 3 yrs 50% for Df above 3 yrs Correct?

latest answer

Yes.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

2

734

Indentation In case of article ,report

Others

answered on 26-Nov-20 16:01

Is indentation not allowed for articles and report?

latest answer

Allowed.

Ram Shete

Ram Shete

CA Inter

2K+

1

621

Bharath strike

Others

answered on 26-Nov-20 09:39

will exam on 26-11-2020 affect because of the nationwide strike?

latest answer

So far we have no information - since no info is provided by ICAI so far, we should assume that exams will be held as usual except for students in TN where ICAI came out with a specific notification https://resource.cdn.icai.org/61931exam251120.pdf

shabinam s.n

shabinam s.n

CA Inter

0

1

721

Revision notes

Exams

answered on 26-Nov-20 08:44

How to take notes for revising the day before exam and what are the things should include?

latest answer

Yes

Vani

Vani

CA Foundation

2K+

3

695

MAY 2020 RTP DOUBT

Costing

answered on 26-Nov-20 16:03

Can you please check this computation for me? For ROL, Min Level, Max Level and Avg Level, we take avg consumption. But ICAI RTP May 20 has taken periodical consumption. I don't understand that premise. Also days computation for them I think is wrong- They got 14, I'm getting 13 (31-30 + 12) Sorry about the scrappy working.

latest answer

In this type of question, computing averages would be time consuming and difficult.

Suraj Narayanan

Suraj Narayanan

Qualified CA

7K+

4

658

Will such person be disqualified?

Auditing

answered on 25-Nov-20 18:48

Mr. A, a CA, granted Rs 200000 to a whole time director of XYZ pvt Ltd, who used this amount for treamtment of his daughter's illness. Will he be disqualified from being appointed as auditor of XYZ?

latest answer

No.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

1

600

What is solution for this mcq

Auditing

answered on 25-Nov-20 18:51

The board of directors has responsibility for 1. Preparation of the financial statements 2. Preventing fraud and error 3. The risk management of the entity 4. Implementing internal control system Are all statements correct?

latest answer

Board of Directors do not prepare Financial Statements.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

1

742