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3rd Edition

Financial Reporting

answered on 07-Mar-25 14:09

Sir where can I find the 3rd Edition FR notes pdf

latest answer

Notes are same that you have in printed book. soft copy available inside INd AS course.

Hemachandra D

Hemachandra D

CA Final

9K+

3

260

SPOM

Exams

answered on 07-Mar-25 14:58

Is there any option to write mock exam for SPOM ? what is paper model ? (No . of questions , No. of paragraph questions )

latest answer

We don't have that option

Sai Vema

Sai Vema

CA Final

108K+

1

281

Ca final all paper trend analysis & chapter wise weightage

Financial Reporting

answered on 07-Mar-25 14:58

Dear sir Kindly share CA final papers past trend analysis till Nov24 exams and chapter wise weightage

latest answer

IDT is updated. Please check it. Thankyou

Raja Saiteja

Raja Saiteja

CA Final

5

2

7K+

Lec 3 of inspection

Indirect Taxation

answered on 07-Mar-25 12:22

No volume,Please check the lecture

latest answer

Checked ...problem from my end.

Neha Pradhan

Neha Pradhan

CA Final

9K+

1

304

Doubt

Financial Reporting

answered on 07-Mar-25 14:11

Hi Sir, I have a doubt. For example an entity whose functional currency is USD and presentation currency is INR. An asset was purchased for 100 USD and exchange rate on this date is 80. The amount should be recorded at historical price since it is non monetary asset so Rs. 8000. However while presenting financials non monetary asset is recorded at rate on 31 March eg 85. So asset should be recorded at Rs. 8500. I am getting confused. Can you please explain at what rate do we finally record it.

latest answer

If functional currency is USD all transaction would be recorded in USD only. You will not record at 800. Then for reporting purpose, you will convert the USD balance sheet using applicable exchange rates.

Manu Jacob

Manu Jacob

CA Final

6K+

1

192

CAPITAL STRUCTURE - MM Approach with Tax

Financial Management

answered on 07-Mar-25 16:06

is the formula correct in MM Approach with tax

latest answer

thanks sir

Muhammed Salih

Muhammed Salih

CA Inter

18K+

4

240

When impact is asked, is it okay if we write journal entries or do we have to compulsorily write it statement format?

Financial Reporting

answered on 07-Mar-25 14:09

When impact is asked, is it okay if we write journal entries or do we have to compulsorily write it statement format?

latest answer

If impact is asked, we need to explain. JOurnal entries may be given as additional content.

Manu Jacob

Manu Jacob

CA Final

6K+

1

176

NPV

Financial Management

answered on 07-Mar-25 10:11

can you please explain when we have to consider the initial c/f or yearly c/f in T0 and when from T1 or T2 onwards?? Thank you!

latest answer

It is an hour long video. You have to share a time stamp of the specific issue at hand for us to revert

Nabeela Faisal

Nabeela Faisal

ACCA Skill

0

1

221

Business Valuation - Illustration 24

AFM

answered on 08-Mar-25 05:39

In sub question (ii), why hasn't the PV of the explicit period been added sir in PE based valuation sir?

latest answer

Ok sir

Vigneshwar M

Vigneshwar M

CA Final

2K+

4

172

Query on Non-cash consideration transactions

Financial Reporting

answered on 07-Mar-25 14:15

Dear Sir, In the given scenario, the value of goods/ services received and provided is the same, i.e., 50,000/-. What if there is some gap between the value of goods/ services provided/ delivered and the value of goods/ services received as a part of non-cash consideration transaction under IND AS 115.

latest answer

For revenue recognition we will measure the value of non-cash consideration received and recognise revenue at that amount. If I receive non-cas consideration worth 10,000 and I have transferred goods worth 11,000. Transaction price is 10,000. If the value of non-cash consideration cannot be determined, then we will use standalone selling price of the goods or services.

Chaitanya Sai Gupta

Chaitanya Sai Gupta

CA Final

4K+

2

199