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More than one customer

Financial Reporting

answered on 29-Jan-25 01:55

Timestamp @ 05:19 Sir, can the end user be considered as a 'customer' since the transaction between the entity and the end user does not involve any consideration?

latest answer

Clear. Thanks, sir.

Denz Philip

Denz Philip

CA Final

★ 10K+

2

283

Slide 10 formula derivation

AFM

answered on 07-Feb-25 04:47

Sir since we are determining the sum of infinite terms of a GP, can we use the formula of Sn=a/(1-r), if we r using this the pv of coupon infinite is C/Y, is this boths amounts to different

latest answer

Same logic If there is coupon for a perpetual bond and no growth of coupon Process and formula of arriving at sum of infinite go is same right

Abhinav K A

Abhinav K A

CA Final

★ 2K+

5

388

Modified duration and convexity

AFM

answered on 26-Jan-25 14:33

Sir, Kindly advise on the following 1. Can we use modified duration % for calculating V+ and V- in the calculation of convexity? 2. Can we add convexity adjustment % to modified duration % to get an accurate price change %?

latest answer

1 Yes 2. Only if they ask you to use convexity or use words like price sensitivity compute convexity. Also consider No. of marks of the question before you compute convexity

Venkatesh S

Venkatesh S

CA Final

★ 2K+

5

383

Formula of PV

AFM

answered on 26-Jan-25 06:05

Sir I have attached the formula of PV under binomial method mentioned in the formula sheet it should be Cu and Cd, instead of u and d right ?

latest answer

Of call yes cu and cd

Hemachandra D

Hemachandra D

CA Final

★ 9K+

1

314

Pgbp

Direct Taxation

answered on 27-Jan-25 16:49

Can someone explain the meaning of last para It mean preliminary expenses will get deduction as well can be capitalised ?

latest answer

Ok.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

2

320

Pgbp

Direct Taxation

answered on 27-Jan-25 16:50

Transfer of asset by holding to Indian wholly owned subsidiary is exempt only if 35AD asset and not other asset ?

latest answer

Since 100% of capital expenditure is claimed as deduction, actual cost is considered as Nil for the purpose of depreciation.

Sushmita Chowdhury

Sushmita Chowdhury

CA Inter

★ 2K+

2

365

study plan

Direct Taxation

answered on 27-Jan-25 16:50

sir which subject should i study first GST or DIRECT TAX, or combine both and study.

latest answer

Preferably GST first since the quantum is less compared to DT.

Sandeep

Sandeep

CA Inter

★ 50

1

324

Cma inter - ca inter

Others

answered on 25-Jan-25 12:13

Can I qualify CA inter if I have completed my CMA inter and vice versa ?

latest answer

No. You need to pass separately

Sai Akash rockster

Sai Akash rockster

CA Final

★ 10

1

275

Formula

Financial Reporting

answered on 28-Jan-25 09:48

The solutions are solved with the excel formula, how to do the same with calculator for the exam purposes. Here the rate of IRR is directly calculated with the excel formula

latest answer

Have mentioned in class as well.

Banu Priya

Banu Priya

CA Final

★ 6K+

2

236

SPOM

Others

answered on 25-Jan-25 07:08

I've cleared i termediate group under old scheme and got exemptiin in Financial Management Paper. And appeared only for Auditing under Unit 2D. Whether both Set C and D applicable for me?

latest answer

Yes

Sushanthini Subbiah

Sushanthini Subbiah

CA Final

★ 3K+

1

308