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SA 505
Auditing
answered on 12-Dec-24 11:54
Please give brief about these four points
latest answer
Thank you brother
Eswar Aakash
CMA Final
★ 57K+
2
649
AMENDMENT FOR MAY,2025 EXAM NOTGIVEN
Direct Taxation
answered on 12-Dec-24 10:24
We bought class for may,2025 exam. But amendment not made
latest answer
Also, your book will reach you before month end ICAI released applicable Study Material only yesterday. We are updating notes according to that and printing them
Sowmiya Prabu
CA Inter
★ 670
2
278
doubt regarding the question
Financial Management
answered on 12-Dec-24 12:59
hello sir, in this question there is a mention about inflation rate as 6%, and also mentions pvif@6% but, we didnt do anything about that in the solution, why?
latest answer
A project should be evaluated on Real basis using real CF & discount rate & Nominal basis using Nominal CF & Nominal Discount Rate In this question all numbers are provided on real basis only - Hence, we did not use inflation rate to adjust any nominal CF to real CF This is dealt in greater depth in CA Final AFM
Nagachaitanya Nomula
CA Final
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1
170
Syllabus
Others
answered on 11-Dec-24 21:55
Is there any syllabus addition for jan 2025 exams as compared to september 2024 Can we just follow the same material applicable for september exams
latest answer
Same material
Sruthi sruthi
CMA Inter
★ 640
1
580
Impairment - Corporate Assets
Financial Reporting
answered on 13-Dec-24 17:18
At last, the recoverable amount of ABC Ltd. is more than the carrying mount of total CGUs and Corporate asset hence no impairment. Earlier in the question in Step 1 We allocated the impairment loss to CGU B and C and ☓ accordingly. Whether it has to be there are to be reversed when the final answer arrived at no impairment.
latest answer
CGU is impaired. This will be shown as impaired. The value of ABC may be higher because of other factors or other CGU.
SANJITHA
CA Final
★ 375
1
190
Derivatives Black Scholes Model Illustration 4
AFM
answered on 12-Dec-24 14:21
Sir, why is the answer solved like this. e^-1.0005 cant be same as e^1.0005?? e^-1.0005 will be same as 1/e^1.0005 only nah???
latest answer
Yes
R M
ACCA Professional
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3
579
Amendments
Direct Taxation
answered on 11-Dec-24 19:44
Latest amendments are applicable for Jan25 attempt or same like sep25 attempt.
latest answer
Thank you sir
Short Video
CA Inter
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2
572
SA-320
Auditing
answered on 11-Dec-24 19:47
In SA 320, while deciding materiality level we use % of benchmark, Like 1% of revenue or net profit like that, The result of that will give materiality level for transactions or class of transactions. How to decide materiality level for the financial statements as whole?
latest answer
benchmark will give materiality for the financial statements as a whole. Then for individual class of transaction, balances, a lower limit can be set considering the risk involved. that is called as performance materiality.
Varun Endukur
CA Final
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1
606
SA-328
Auditing
answered on 11-Dec-24 19:48
In SA 320, while deciding materiality level we use % of benchmark, Like 1% of revenue or net profit like that know, The result of that will give materiality level for transactions or class of transactions. How to decide materiality level for the financial statements as whole sir?
latest answer
there are two concepts- materiality for financial statements as a whole and performance materiality.
Varun Endukur
CA Final
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1
616
Deposit
Corporate & Other Laws
answered on 11-Dec-24 14:31
If company accepted deposit on 1/11/2020 Company didn’t accept any deposit after that Will company have to file return of deposit on 2021, 2022, 2023 every year ?
latest answer
Yes
Sushmita Chowdhury
CA Inter
★ 2K+
1
566