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Maths & Stats

answered on 14-Nov-20 08:09

Sir, for finding probability of numbered cards in a deck of cards should I take ACE card as a numbered card or not

latest answer

No.

Roshan Zameer

Roshan Zameer

ACCA Professional

24K+

1

637

Ca capsule

Exams

answered on 27-Nov-20 13:56

The icai president mentioned in the webinar that they have released capsules for each subject on website where are they ? I am unable to find

latest answer

Thank u sir

Ram Shete

Ram Shete

CA Inter

2K+

14

808

CMA foundation paper 1 video classes are not available.

Economics

answered on 13-Nov-20 20:47

Indigo learn provided free access to courses from 9th Nov to 15th Nov, but in those videos cma foundation paper 1Economics and management is not there.

latest answer

Regret we will not be able to provide - Request you to make other arrangements

Keshagani Vyshnavi

Keshagani Vyshnavi

CA Inter

20K+

3

567

Opt out self declaration for Nov 2020 clarification sought

Exams

answered on 19-Nov-20 22:35

Can you handwrite the entire self declaration form and fill it, or do I have to print out the printable format and then fill it?

latest answer

You have to right it

A C

A C

CA Inter

2K+

2

747

Deprication method - an accounting policy, but why not the change?

Accountancy

answered on 13-Nov-20 20:29

"The auditor should obtain a clear understanding of accounting policy adopted by the entity regarding depreciation and amortization" It is clear from the above statement that the method of Depriciation selected by the entity is a part of accounting policy adopted by the entity. My Q is, if entity decides to change its deprication method, how come it change in estimate and not a change in policy?

latest answer

Nicely explained. Thank you

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

2

1K+

Theoretical distribution

Maths & Stats

answered on 13-Nov-20 15:43

Sir why does standard deviation=1 when mean =0 in normal distribution?

latest answer

Thank you Sir

Pushkala S

Pushkala S

CA Final

3K+

2

725

Obligation of internal auditor

Auditing

answered on 13-Nov-20 15:42

Sir, The SA 230 says , internal auditor is not duty bound to give the documents to the external auditor. But in SA 210 , the engagement letters includes that the management should give access to all the persons within the entity in order to obtain audit evidence. Please clarify me sir.

latest answer

Some times internal auditor may not be within the entity. Also It is ultimately the responsibility of management to get docs to the external auditor.

saravanan k

saravanan k

CA Inter

0

1

653

AS 2

Accountancy

answered on 13-Nov-20 13:59

If we own a factory, should we include a portion of amount as rent in cost of conversion?

latest answer

And notion costs / notional rents are not allowed to be added to cost of conversion

Prakhash Ram

Prakhash Ram

CMA Inter

0

4

650

Rtpmay20

Corporate & Other Laws

answered on 14-Nov-20 10:20

Sir, in this question of rtp may20 , the loss for the year is 40 lakhs and in (iii) of the rule 3 says the amount of the losses should be set off rite . Therefore out 2 crore withdrawn 4o lakhs is set off and balance only 1.6 crore is there to pay dividend . But the company proposes only 2 crore,so therefore (iii) is not satisfied rite . That means company cannot declare 2 crore as dividend rite ? Plzz can u check this ?

latest answer

Thax sir

Swathi Krishna

Swathi Krishna

CA Final

8K+

10

776

Clause of (xiii) of Para 3 of CARO, 2016

Auditing

answered on 14-Nov-20 05:03

It states that auditor shall report "whether all transactions with the related parties are in compliance with sections 177 and 188 of Companies Act 2013" Sir, my question is what relation does Related party have to do with "Audit Committee" sec 177?

latest answer

Thanking you

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

5

655