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Financial Reporting

answered on 16-Apr-25 13:56

Sir, can we say that such right of substitution only may arise at time of inception of contract,and NOT throughout lease period, hence identifiable?

latest answer

If right of substitution exists throughout the period - it is not identifiable. If it exists at specific point of time - identifiable.

SANSKRITI BADRI 2111339

SANSKRITI BADRI 2111339

CA Final

★ 4K+

1

228

Management admin

Corporate & Other Laws

answered on 20-Apr-25 20:52

1) answer will be B ? ............

latest answer

1) yes correct 2) answer is 60 days from AGM 3) yes

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

4

263

Queries

AFM

answered on 13-Apr-25 14:13

I had 2 questions in this problem: 1. In earlier NPV problems we added back the Tax in computing FCFF, why here we did not added, could you explain its logic. 2. Also, how to identify in a question whether the decision is to be taken by converting into INR or Foreign currency

latest answer

In problem 1 tax paid vs tax accounted there is difference in timing. Unless mentioned in the question that the tax is paid next year in which case an adjustment has to be done, In all other problems, assume tax is accounted and paid in same year and therefore no need to add back or deduct tax in computing FCFF How to decide in which currency to see CF , depends on discount rate. In which currency is discount rate provided Also, look at last Q in this chapter, you have FC & HC approach, there also it will be very clear what you have to do

Hrishikesh Pradhan

Hrishikesh Pradhan

Qualified CA

★ 18K+

1

400

IND AS 19

Financial Reporting

answered on 12-Apr-25 20:13

Sir if it is Actuarial loss then the entry will be OCI dr To DBO a/c Is this right

latest answer

Yes

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

★ 87K+

1

231

Cash flow statement

Accountancy

answered on 14-Apr-25 06:10

How did they arrive at the balance of Plant and machinery with Rs. 7,60,000 and Rs. 840000 (especially how did they get Rs. 200000 and 320000 added along with balancing figures??

latest answer

Plant and Machinery Opening balance as on 01.04.20X0 = 6,40,000 Add: provision for depreciation = 2,00,000 Total. = 8,40,000 Closing balance as on 31.03.20X1. = 4,40,000 Add: provision for depreciation. = 3,20,000 Total. = 7,60,000

Aswathy Omanakuttan

Aswathy Omanakuttan

CA Inter

★ 0

1

263

Standard costing Actual quantity doubt

Costing

answered on 16-Apr-25 14:08

How did the actual quantity shall be taken

latest answer

Actual = 125 x 60 = 7500

Shailu Sravanthi

Shailu Sravanthi

CMA Inter

★ 420

1

292

Portfolio management

CFA

answered on 12-Apr-25 20:25

Capital allocation line and indifference curve pls explain how they are combinedly used to make decisions in PM...I understand those separately but didn't understand when they are used together

latest answer

Cal indiff line

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

★ 18K+

1

256

IFC

AFM

answered on 12-Apr-25 20:23

For IFC, in india i have SEBI, so does that mean SEBI don't apply in IFC. So, is it not that a lot of scams can take place ?

latest answer

IFC

Hrishikesh Pradhan

Hrishikesh Pradhan

Qualified CA

★ 18K+

1

340

Value of supply

Indirect Taxation

answered on 14-Apr-25 17:32

In the picture attached, should we not take value of motor as 300,000/105%= 285,714, ie value ecxluding GST? Please explain

latest answer

It should be excluding GST.

Manu Jacob

Manu Jacob

CA Final

★ 6K+

1

245

IND AS 19

Financial Reporting

answered on 16-Apr-25 13:58

Sir here the (95) lakhs in obligation column is Actuarial Losses right, or is it loss on remeasurement, For obligation it shd be Actuarial loss and plan asset it shd be loss on remeasurement right Kindly clarify

latest answer

actuarial losses are also included as loss on remeasurement. Refer attached notes.

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

★ 87K+

1

242