Forums
Illustration 16
Financial Reporting
answered on 10-Feb-25 20:27
In this illustration, Excercise price -100 & fair value as on grant date -130. Intrinsic value is 30, this should have been used for calculating expenses over the vesting period. I do understand that on contrary the SBP have been compensated for Rs.95 but, but it is not probable on day 1 sir, Why was Employee Benefit expenses being calculated on 130.
latest answer
Got it, will ensure I use fair value in the exam. Thanks!
kavitha selvam
CA Final
★ 2K+
8
203
Contract quantity
AFM
answered on 24-Jan-25 21:09
Can the contract quantity be 3.931844 or should it be rounded. What is the market practice
latest answer
Market practice rounded off
Pradeep Malur
CA Final
★ 1K+
1
233
error in total
Indirect Taxation
answered on 27-Jan-25 16:55
there is an error in total (1332000 instead of 132000)
latest answer
Thank you. We will sort it.
ANIRUDH CPR
CA Inter
★ 180
1
215
Interest received on cash and cash equivalents
Financial Reporting
answered on 24-Jan-25 21:51
Timestamp: 04:56 Sir, how should we classify interest received on savings bank deposit? Will it fall under investing activity or operating activity?
latest answer
Okay, Thank you, sir.
Denz Philip
CA Final
★ 10K+
2
207
Illus 5 - Lesson; Overheads
Costing
answered on 13-Feb-25 16:50
in illus 5 ,they have asked to calculate machine hour rate for each product a,b,c. Why have we not added the direct material and wages for calculating the hourly rate?
latest answer
The Machine Hour Rate is used to absorb factory overheads based on the number of machine hours worked. Since direct material and direct wages are not part of overheads, it is not included.
Rania D'souza
CA Inter
★ 650
1
242
watching of classes
Direct Taxation
answered on 27-Jan-25 16:56
Sir, as i have learnt some topics like residential status, IfHP, inc from salaries for last J25 attempt do i need to watch the entire class for ay25-26 or watch classes which i havent studied?
latest answer
Most welcome.
Sandeep
CA Inter
★ 50
5
280
AS 26 INTANGIBLE ASSETS
Accountancy
answered on 24-Jan-25 12:03
Why goodwill is not covered under AS 26 , As it is also a intangible asset.
latest answer
Because it cannot be separated and sold. For AS 26, intangible asset must be separable.
Venkatesh Arva
CA Inter
★ 2K+
1
318
Effective date of registration
Indirect Taxation
answered on 24-Jan-25 11:45
If application for registration is submitted within 30 days, then effective date of registration will be the date when turnover exceeded the threshold limit and the company will have to raise tax invoice for the date since and trace its customers as well to receive the tax amount…so wouldn’t it be easier to apply for registration after 30 days so the company would have to start paying taxes only after they receive the registration certificate (effective date of registration). Then why would companies opt to take registration within the 30 days.
latest answer
They would be liable from the time they cross the threshold limit whether they apply within 30 days or after 30 days
Dova Shaji
CA Inter
★ 520
1
307
INDIRECT TAX AMMENDMENTS
Indirect Taxation
answered on 27-Jan-25 16:55
whether the indirect tax classes are updated with the latest amendments for May 2025.
latest answer
Yes you can.
Nisam M
CA Final
★ 1K+
3
269
exponential calculation - normal calculator
AFM
answered on 24-Jan-25 08:51
Just wanted to know how to calculate the exponential function in normal calculator if the value is not provided in the question
latest answer
Pls go through calculator tricks video in introduction chapt
Pradeep Malur
CA Final
★ 1K+
1
253