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Tenure of INR Loan
AFM
answered on 20-May-25 14:04
Have we assumed the tenure of the INR loan to be 6 months?
latest answer
Yes
Ruthvik Reddy Adala
CA Final
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308
Prepaid expenses
Financial Management
answered on 21-May-25 14:39
@11.40 All expenses are paid in one month *advance* Then those are prepaid expenses which are said to be in current assets side But here said one month delay ?
latest answer
The video has been changed. Thanks for highlighting
anju B
CA Inter
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2
390
Wip
Financial Management
answered on 20-May-25 12:30
Why don't wip not included for calculation of total cost But only for investment in wc
latest answer
It is a new company so no opening WIP Closing WIP is subtracted to arrive as COP WIP is not considered anywhere else in costing - it is only treated as inventory
anju B
CA Inter
★ 21K+
1
346
Cash cost
Financial Management
answered on 20-May-25 12:32
Here, in this problem Not mentioned that as per cash cost basis? How to make assumptions in exam
latest answer
Usually you do cash cost only unless they specifically ask you to include non-cash items if any
anju B
CA Inter
★ 21K+
1
321
Arbitrage (Theoretical vs Actual forward prices)
AFM
answered on 20-May-25 12:28
Sir, Whether can we compare the Theoretical forward prices for 3 months and 6 Months (by taking the Ask price of Direct quote) and conclude that the forwards are costlier hence no arbitrage. I have tried to solve the solution in the above method, can you please clarify the same.
latest answer
Okay sir understood. Thankyou.
Chaitanya Sai Gupta
CA Final
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2
373
How to get the value
Maths & Stats
answered on 20-May-25 09:51
If a=b*x, b=c*y, c=a*x then find the value of XYZ is A 1 B 2 C 3 D 42 Is there any simple way to solve this question
latest answer
a = b power x or b multiplied by x
Gurukanta Singh
CA Inter
★ 20K+
1
354
Exemption in Articleship.
Others
answered on 19-May-25 16:40
Sir, I have joined deloitte usi in hyderabad for the post of audit assistant and my major role is related to external audit. I got this opportunity through campus. I joined in September 2023 before that I have completed CA Inter Group 1 4 papers in November 2022. But after joining only I completed CA Inter Group 2 in September 2024. Then till now i am present in deloitte usi in the role of audit assistant and recently got promoted to new role audit senior assistant. It is been almost 1 year and 9 months since I joined so including notice period it will come to 2 years so will there be any exemption I can apply to icai through any form to get exempted from articleship tenure. If so please tell the procedure. But all the activities I performed in this role was with respect US Audit. Can you please help in this regard?
latest answer
No exemption. You need to be registered under a practicing CA.
ARUN SKANDHAN SETHURAMAN
CA Inter
★ 120
1
362
PPE OR INVENTORY
Financial Reporting
answered on 19-May-25 09:17
For ex Indigo learn has brought computers while buying there is no intention to sell but after buying we have sold and doing this kind of trans often so does it comes under inventory or PPE . Intention to be seen at the time of purchase ?
latest answer
When we sell after use, its not in ordinary course of business. So not an inventory.
Sowmitha C
CA Final
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276
taxabale of Interest
Indirect Taxation
answered on 20-May-25 13:25
Sir in case of where the agent collects 1,00,000 + 10,000(interest) from customer , total 1.1L, now value of supply is 1.1L as you said when invoicing in his name whehter the value of supply includes interesrt only b/w agent and customer or both, i.e even for supply b/w princpal to agent interest need to be considered ? if yes, why interest need to be considered b/w Principal and agent ?, as agent already paid the amount to Principal
latest answer
Interest collected by the agent from the customer will be included in the value of supply.
Hemachandra D
CA Final
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239
Csr
Corporate & Other Laws
answered on 20-May-25 09:23
A CSR project can be max 3yr ?
latest answer
Yes
Sushmita Chowdhury
CA Inter
★ 2K+
1
210