powered by logo

Forums

Downloaded videos

Others

answered on 05-Jan-25 21:29

Will Downloaded videos are there after the expiry of the course or it also get deleted after the expiry ?

latest answer

Around 6 am.

Suzjeeth N

Suzjeeth N

CA Inter

640

8

843

Training Cost to be considered as Intangible Assets

Financial Reporting

answered on 06-Jan-25 22:04

Sir,I have an employee and I'm certain I have control over the employee for 1 year. and I know he will work for 1 year. I incurred a training cost to him and sent abroad. For these there will be future economic benefits arising to the company. Can the training cost be considered as an intangible item. Or not for the year.??

latest answer

Okay Sir. Thank you.

K Vamshi

K Vamshi

CA Final

14K+

2

971

Gain on deferment

Financial Reporting

answered on 09-Jan-25 12:25

Timestamp @ 08:44 Sir, since the confirmation of relaxation is received in April, and to have effect of 'Apr to Dec' instead of 'Jul to Dec', as you said, needn't we use 'PVIF with 3 period discounting', that comes to 0.9423 in place of 0.9612? This changes the PV amount from 48,058.44 to 47,116.12. AND, instead of taking difference of 50,000.00 and 48,058.44 (= 1,941.56), shouldn't we take the difference of 49,019.61 (i.e., 50,000 X PVIF with 1 period discounting) and 47,116.12 (= 1,903.49). Because, aren't we looking the possible change in lease liability (as on 01.04.2020), had 50,000 payable past 1 period (i.e., on 30.06.2020) been deferred FURTHER 2 periods (i.e., on 31.12.2020)? Is the logic correct sir, because if 1,903.49 (instead of 1,941.56) is adjusted with the lease liability as on 31.03.2020, the final balance will become exactly zero.

latest answer

Okay, sir.

Denz Philip

Denz Philip

CA Final

10K+

2

232

Calculation

AFM

answered on 05-Jan-25 17:02

Sir, Rf is 8% na, we took 9 in our calculation.

latest answer

Wrong number shown by mistake on screen When we converted Nov 24 q paper from Pdf to word this happened Pls check Nov 24 paper for actual values Thanks for highlighting, will get it corrected soon

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

1

887

Equity Capitalization rate

Financial Management

answered on 05-Jan-25 16:38

What is Equity Capitalization rate ? and What it indicates ?

latest answer

It is rate at which profits will be capitalised perpetually If CFAT is 100 & Cap rate ( discount rate) is 10% them value of equity is 100/(10%) = 1000

Harish Kumar

Harish Kumar

CA Inter

17K+

1

903

Applicability

Indirect Taxation

answered on 06-Jan-25 19:23

Is it applicable for May 25 with ammendments

latest answer

Yes it is.

Rupsha Das Sharma

Rupsha Das Sharma

CA Inter

0

1

722

IRR

Financial Reporting

answered on 05-Jan-25 10:37

When IRR is calculated manually, there are point differences in value when compared to actual IRR calculated in excel. (Got 7.4614 instead of 7.45) Because of this, differences arose in final cashflows. (got 39,99,470 instead of 40,00,000). Are these minor differences acceptable.

latest answer

Yes

SANJITHA

CA Final

375

1

199

IDP, Financial Break-even Point

Financial Management

answered on 05-Jan-25 10:38

Sir, you said the plan which has lesser financial cost will always have higher EPS when compared to plan with higher financial cost and there will be NO IDP between the plans. But In Illustration - 16 the Option- 1 has F.BEP = 2.4L, Option - 2 has F.BEP = 4.8L and There is EBIT (IDP) = 9.6L Actually there should be NO IDP ?

latest answer

But in Ill 16 both have debt right. Faculty said Full Equity vs Equity + Debt IDP cannot be arrived at But it can be arrived at when diff debt ratios, & Pref shares are involved

Harish Kumar

Harish Kumar

CA Inter

17K+

1

217

Computation of cash available

Financial Management

answered on 05-Jan-25 10:31

In the calculation of net profit for year 3 in this sum, we have deducted the raw material purchased. While calculating cash available to service the loan, we are using the net profit only but we are deducting the increase in stock again. Why are we deducting it again from cash balance when the raw material cost was already deducted in net profit?

latest answer

Cash available

Venkatesh

Venkatesh

CA Final

0

1

1K+

ROI EQUATION

Financial Management

answered on 05-Jan-25 10:21

Is it EBIT/CAPITAL EMPLOYED OR PAT/OWNERS FUND

latest answer

PAT / Owners funds is ROE EBIT / CE = Pre Tax ROI

Akhil Ani

Akhil Ani

CA Final

5K+

1

908