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NAV Change Percentage less than the target Change %
AFM
answered on 31-Dec-24 06:09
Sir what if the change month on month is less than the target % (15%), then no rebalancing happens if we compare with the previous month value instead of historic cost
latest answer
No rebalancing happens
Hemachandra D
CA Final
★ 9K+
1
761
Doubt
Financial Management
answered on 30-Dec-24 22:47
In FM, For some illustrations, symbol * is there. What does it indicate ?
latest answer
Ok sir 👍
kalyan yuva
CA Inter
★ 5K+
2
839
FEMA Act 1999
Corporate & Other Laws
answered on 08-Jan-25 15:16
In availing foreign exchange more than USD 250000 whether RBI approval is required for these 3 purpose 1) Emigration 2) Medical Expenses 3) Studies Or just required documents be submitted and no prior approval is required?
latest answer
In order to remit amount more than USD 2,50,000 RBI approval is required in all the three situations.
Lathika
CA Inter
★ 6K+
2
890
need explanation for mcc
Accountancy
answered on 03-Jan-25 14:36
what is the logic behind 4th mcq given ichi material book back
latest answer
Amount after adding borrowing cost should not be more than the realisable value.
Chaaru Rakshanaa
CA Inter
★ 1K+
1
203
Illustration -1
Accountancy
answered on 31-Dec-24 11:09
In the ICAI books In the notes to account there is no other current liability in the balance sheet because they don't take the final dividend in Reserve and Surplus. for why? but in our classes you show the final dividend both other current liabilities and reserve and surplus. which method should followed sir?
latest answer
ok sir
bharathipriya
CA Inter
★ 3K+
2
270
Repetition of this problem
AFM
answered on 31-Dec-24 09:41
Sir, Your video and material is for 2021-22 exam. Just wanted to know if such questions have been asked for 2023 & 2024. If so, can you please upload the same in this portal or send it to my email pradeep@ekasmai.co.in
latest answer
Shared from *1FIN by Indigolearn* Free Resources https://1fin.link/free_resources
Pradeep Malur
CA Final
★ 1K+
5
361
Ind AS 41: Agriculture
Financial Reporting
answered on 30-Dec-24 15:57
Sir If Milk obtained from own cow is ₹10,000 (All expenses) is ₹5,000 (Fully lies in inventory & No opening Stock) I’m passing entry like: 1) Milk Dr. ₹10,000 (Current Asset - Closing Inventory) Fair Value gain on milk Cr. ₹10,000 2) Expenses Dr. ₹5,000 To Bank ₹5,000 In Schedule III (Statement of P&L) Income: Fair Value income. 10,000 Expense: Operating expenses: 5,000 Changes in Inventory:(10,000) [As opening stock is 0] Net expenses: 5,000 (Negative) Profit: 15,000 So, It seems double accounting right!? Income is ₹10,000 and Reduction in expenses of same milk is 10,000 This is my actual doubt sir! Could you please help out!
latest answer
I sent there
Pradeep Ravikumar
CA Final
★ 1K+
3
759
Shouldn't all 3 auditors be responsible?
Auditing
answered on 06-Jan-25 11:53
As discussed, if one auditor brings forth an issue to other auditors for their advice or discussion, and the other auditor along with the auditor who identified the issue decided not to report it. They decided together. They might have given justification as to why it is not a significant deficiency. So since this matter was brought to other auditors and they decided not to report it, shouldn't all the auditors be liable.
latest answer
All will be liable to matters where they have discussed and come to a decision together. It will become common audit area
Manu Jacob
CA Final
★ 6K+
3
189
Replacement decisions
Financial Management
answered on 30-Dec-24 15:17
IN Illustration 47 , while calculating terminal cash inflow, we are finding only TCI but in previous sums we have calculated the incremental TCI for the computation of Incremental NPV. Why?
latest answer
At Minute 21 faculty explained that aspect - details of OLD machine salvage value are not provided, only those of new machine are provided. When no sale price details etc are provided how will you compute the value for the old machine and how will you compute the net value?
Venkatesh
CA Inter
★ 0
1
783
Discontinued operation
Financial Reporting
answered on 30-Dec-24 14:38
Can you give an example for a part of a single coordinated plan to dispose of a single major line of business or geographical area of operations.
latest answer
Say a company has hardware and software divisions. Hardware division has two plants - In Bangalore and Pune. The company wants to sell hardware division. In the process the company wants to dispose bangalore plant and pune plant. Sale of Bangalore Plant is a part of single co-ordinated plan.
SANJITHA
CA Final
★ 375
1
202