Forums
financial liability
Financial Reporting
answered on 15-Mar-26 21:34
sir, in this question, there has been said alternatively can redeem by equity shares. but this treatment is not solved? [Video Time Stamp: 00:01]
latest answer
If the bonds are converted, then the liability portion is transferred to equity. Accounting over the period of bond does not change.
santosh durgapu
CA Final
★ 2K+
1
56
financial liability
Financial Reporting
answered on 15-Mar-26 21:34
sir, in this question it has been said that only part conversion(50%) is redeemed at premium. what treatment shall we take if cash is also paid at premium of 10%? [Video Time Stamp: 05:12]
latest answer
Then you will consider the outflow at 10% premium. Effective interest rate will change.
santosh durgapu
CA Final
★ 2K+
1
36
Futures price to be considered
AFM
answered on 15-Mar-26 15:14
In Illustration 30 the question has provided the nifty futures value so we are considering 19900 in calculation. The similar sum in Illustration 31 we have considered Theoretical futures price. Which is the correct approach sir [Video Time Stamp: 02:03:42]
latest answer
In 31 not current value of futures is available. so we have to assume futures are trading at theoretical value in 30 values are provided which you have to use
Vidyashree Anand
CA Final
★ 0
1
61
Illustration 5 - Long or short portfolio
AFM
answered on 15-Mar-26 11:32
You have mentioned that in Nifty we should go short as the portfolio is long. They have not mentioned anything about long or short for the portfolio so if nothing is mentioned then should we assume it as Long? [Video Time Stamp: 01:08:24]
latest answer
Portfolio investments are always long. Since it includes shares bought.
Vidyashree Anand
CA Final
★ 0
1
56
Video stamp 19.46
AFM
answered on 15-Mar-26 11:57
Sir i tried for three months still the net impact is 9750 and not zero please clarify sirrr [Video Time Stamp: 20:02]
latest answer
Pls do in excel
Janarthanan S
CA Final
★ 0
3
63
Q
Financial Reporting
answered on 15-Mar-26 21:36
Sir, suppose parent has many subsidiaries in different geographical areas, and it has similar nature of transactions with different subsididaries. Then which principles will it follow? [Video Time Stamp: 03:36]
latest answer
Parent will follow one accounting policy for all transactions.
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
52
SA 230
Auditing
answered on 17-Mar-26 10:09
hello, where is SA 230 in ICAI study material? [Video Time Stamp: 03:18]
latest answer
It’s the complete chapter of ‘ audit documentation’ . Chapter 6
Ritu Kotian
CA Inter
★ 19K+
1
69
Printing error
AFM
answered on 15-Mar-26 11:55
Sir, Variance of Project A should be Rs.1,98,00,000 and Variance of Project B should be Rs.1,44,00,000
latest answer
Thanks for highlighting. Will change in next version
Nivedha Balaji
CA Final
★ 9K+
1
87
(ii) 3/4th of arrears have waived
Accountancy
answered on 15-Mar-26 21:36
As it is not mentioned in books of accounts we aren’t recording the transaction of waived How to treat if it mention in the books of accounts about the dividend in arrears ? From ICAI study material Illustration -3 Pg 14.15 point no. 2 [Video Time Stamp: 21:15]
latest answer
if dividend is recognised, then it has to be paid in given time limit under companies act. Also in case of loss making companies, generally the company will not declare dividend. So in this case, the amount which is not paid can be ignored. And only the amount which is paid is treated as a loss to be debited to capital reduction account.
GUJJU VAISHNAVI
CA Inter
★ 13K+
2
90
Answer wroting
Financial Reporting
answered on 13-Mar-26 11:03
Sir see this Que 1 is same from icai module .you can see answer they have written inclusive of all conditions and other references parra and all. If a question comes upon a condition or subcondition step or substep how are we supposed to write for Fr i.e like all steps or only that relevant step and go ahead with answer
latest answer
Depending on marks you can write the content. I have attached my version. paragraph numbers etc are not required. They do not carry marks. If it's a question of say 5-6 marks. Maximum 1.5 page.
Gauri Shete
CA Final
★ 5K+
1
55