Forums
Goodwwill
Financial Reporting
answered on 09-Apr-25 17:18
sir, for asset C, it has already been impaired individiually,without goodwill,compared to same recoverable amt of 4L.So why after allocating goodwill we are again computing impairement loss?Im not understanding
latest answer
We are not impairing other assets of C.
SANSKRITI BADRI 2111339
CA Final
★ 4K+
2
169
As24
Accountancy
answered on 09-Apr-25 17:09
Bathing soap to washing soap, if this is gradually phasing out, then it’s not AS24, but if instead close of bathing soap at once and only keeping washing soap, then it’s AS24 ?
latest answer
gradual phasing out doesn’t meet the “single coordinated plan to dispose/terminate” condition. In the second scenario, Bathing soap is a separate major line of business, and The shutdown is part of a single coordinated plan (e.g., board decision, formal plan, etc.).
Sushmita Chowdhury
CA Inter
★ 2K+
2
208
Fair value Valuation
Financial Reporting
answered on 07-Apr-25 11:02
In illustration 3, the question has Valuation as per income approach of the Company and market approach of the Company. After applying weights, why are we taking sum of both the approach as total enterprise value.i.e., Total value under both approach * weights and not Best value * weights
latest answer
we are computing weighted average valuation.
Azmi RZmi
CA Final
★ 10K+
1
200
Eligibility for Ca final exams
Exams
answered on 04-Apr-25 21:12
My 2 years articleship will be completed on 31/3/26. Will I be eligible to give ca final exams in September 2026 or not ?
latest answer
No.
Mansi Gupta
CA Final
★ 0
1
250
Why are we using different formula for refund on inverted supply?
Indirect Taxation
answered on 05-Apr-25 17:53
In the explanation video the formula was Turnover of inverted goods and services * Net Itc - Tax payable * Net ITC _____________________________________ _______ Adj Total Turnover ITC availed on inputs and input services But in the solutions to problems, we are not considering Net ITC _______ ITC availed on inputs and input services
latest answer
Clerical mistake in solution. We have to consider Net ITC/ ITC on inputs and input services.
Manu Jacob
CA Final
★ 6K+
1
1K+
Alternative investment
CFA
answered on 04-Apr-25 22:01
Brownfield and secondary stage investment aren't the same?pls explain why B is not the ans
latest answer
Brownfield
Dhakshana Dhakshana
CFA L2
★ 18K+
1
231
Eligibility
Exams
answered on 24-Apr-25 16:29
Just a double check... I started my articleship on 19.12.22 to 18.10.23 And 2.11.23 and continuing..[oldscheme] Wen will I be eligible sept 25 or Jan 26.. Also I'm planing to give only one 1st group so spom set a has to be finished or even set b
latest answer
Thnks sir
SHRUTHI CHINNI
CA Final
★ 140
9
262
GSTR 11
Indirect Taxation
answered on 05-Apr-25 17:52
GSTR 11 is to be filed by persons having UIN to get a refund. But what is the benefit for the Indian government because of this?
latest answer
Government is not getting any benefit. It is just that exemption is given to UIN holders in the form of refund.
Punitha Krishnaraj
CA Final
★ 5K+
1
201
Portfolio Management
AFM
answered on 04-Apr-25 13:20
Sir, In this question is there a mathematical error? As i don't understand how root of percentage can be percentage. From previous problems i could draw conclusion as below. Covariance, variance should be in (%)². Standard Deviation in %. If i do the solution taking Cov in %² answer is coming correct... is this a mistake in ICAI question. Its very confusing. Sometimes they take decimals sometimes they dont. What is the right approach of taking care in this situation
latest answer
ICAI did not teach it properly in their material. What you did is right. I have taught the correct way in my class too, variance is % square, so is co variance SD is % My suggestion ignore % right in the beginning and add it in the end that way you don't have to bother Abt decimals at all
R M
ACCA Professional
★ 4K+
1
228
Measures of central tendency
Maths & Stats
answered on 06-Apr-25 21:23
how is the answer to this question (a) ?
latest answer
Solution Available in our Quant Notes
Asmita Kar
CA Foundation
★ 7K+
3
219