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Does reviewer mean an EQCR?
Auditing
answered on 25-Jan-25 23:08
Does reviewer mean an EQCR? or any reviewer.
latest answer
He is EQCR
Manu Jacob
CA Final
★ 6K+
1
227
Sir tax video not playing playing help some issues going o
Direct Taxation
answered on 13-Jan-25 20:57
Sir tax video not playing help Sir some issues going on Sir please help me
latest answer
If videos are not playing try the steps below 1. Close all the apps 2.Android: Settings -> Applications -> 1FIN-> Storage -> Click on 'Clear Storage' and 'Clear Cache' 3. Restart device 4. Open 1FIN app and play the video If this also does not work please try the below troubleshooting steps, it usually works. Also, note that the downloaded videos if any will get deleted in the process. 1. Uninstall the app 2. Restart phone (Important step, clears a lot of issues) 3. Install app Also, check if there are any OS updates available. If this does not work, then please do the following 3 steps and share screenshots and videos with us by a reply email to the ID - support@indigolearn.com 1. visit speedtest.in and take a screenshot of your internet speed and share it with us 2. visit whatsmyip.com and take a screenshot of your IP and send it to us 3. take another phone and make a video recording (<20 MB) of the error you are facing on your phone/laptop and share the video recording with us Once you share the above 3 we shall connect you with our Tech Team Thanks Team IL
R G
CA Inter
★ 9K+
1
223
Forex - Illustration 17
AFM
answered on 13-Jan-25 21:25
Sir, in this question, why interest rate parity (like in Illustration 16) formula is not used and ideal depreciation rate is used? As it'll make a small but a difference in forward rate (0.6681 vs 0.6683 because of annual compounding vs quarterly compounding)
latest answer
Ok sir Thank you for clarifying!
Vigneshwar M
CA Final
★ 2K+
2
212
AFM illustration notes excel
AFM
answered on 13-Jan-25 19:00
Sir it is password protected not able to view data
latest answer
Yes pw protected Cannot share as it is our IP yuu can look at file but not edit or view the formula
R Yashwanth Kumar
CA Final
★ 87K+
1
205
Illus 11 & 12
Financial Reporting
answered on 15-Jan-25 13:02
Dear Sir, With respect to Inventory adjustment in CFS, Illus 11: Inventory has been restated using Closing rate (being an asset) = 12 Euro * 85 = ₹1020 Cost of Inventory (given in question)= ₹830 Unrealized Profit = ₹190 (1020-830) Here, Gain on sale as well as gain on restatement, both has been captured and eliminated as "unrealized profit" Illus 12: Sale = 4.2 Euro Cost = 2.4 Euro Profit -= 1.8 Euro Here this profit has been translated using transaction date. Why the approach done in illus 11 can't be applied here as follows? Cost = ₹199.2 (2.4*83) sale = ₹348.6 (4.2*83) Inventory as on purchase date - ₹348.6 (4.2*83) Inventory as on 31-3-x2 after restatement - ₹352.8 (4.2*84) Unrealized profit = ₹153.6 (352.8-199.2) Why the exchange difference on inventory due to restatement considered as unrealized profit in illus 11 & not in illus 12?
latest answer
In the first case parent sold to subsidiary. So inventory is in Subsidiary books in Foreign currency which has to be converted back to parent's currency. In the second case, Subsidiary has sold to parent. So there is no restatement of inventory.
Swathi S
CA Final
★ 975
1
222
Arbitrage process
Financial Management
answered on 15-Jan-25 12:50
Please explain this in detailed analysis Thank you in advance
latest answer
In the question highlighted by you between levered and unleveerd firms, one chooses to withdraw money from one and invest in other because the second firm's value is lower for similar return
Eswar Aakash
CMA Final
★ 57K+
4
238
Spot price of index- illustration 25
AFM
answered on 13-Jan-25 17:44
Why gain is computed by comparing 2450 index value with forward price? Is 2450 is spot or forward price? Can I compute the forward price on 28 th day, by considering 2450 as spot price and 62 days as no. of days? If I do so I got forward price as Rs. 2460.0205 [2450 * e^(0.0241*0.1699) ]. Where t = 62days/365days. And comparing it with previous forward price of Rs. 2303.6484, gain on long position is Rs. 156.3721 [2460.0205-2303.6484]. Is this computation is correct?
latest answer
Thank you sir
Malaivalar mangai
CA Final
★ 0
2
190
Cut off date for ca final registration for no 25
Others
answered on 13-Jan-25 16:13
Can anyone tell the cut off date for ca final registration to appear in nov 25 exams. Can I write ca inter in may 25 and write ca final in nov 25( I have completed my article ship but ca inter group 2 is pending)
latest answer
You can write. But time wouldn’t be sufficient for prep
vinay sai Mopidevi
CA Final
★ 1K+
1
288
Cut off date - Final May25 eligibility
Others
answered on 13-Jan-25 14:39
Couldn’t able to find the cut off date by when the students should clear the SPOM and Adv ITT test and GMCS.
latest answer
They have not yet announced. It will be around last week of March.
Chandan Subudhi
CA Final
★ 12K+
1
249
Dynamic qr code
Indirect Taxation
answered on 04-Mar-25 14:36
Turnover more than 500 crore Can skip invoice having dynamic QR code if pos machine have dynamic QR code ?
latest answer
It should be using the POS machine or on the invoice but it is required.
Sushmita Chowdhury
CA Inter
★ 2K+
3
260