Forums
Exchange Rate
AFM
answered on 03-Mar-26 09:29
Sir I have doubt regarding Exchange Rate Rand / INR. Given that India Inflation Rate is 10% and Africa Inflation Rate is 40% As per IRP, Exch Rate=Spot Rate X (1 + Domestic Interest Rate) / (1 + Foreign Interest Rate), So Spot X (1+10%) / (1+40%) right? In this problem we have calculated Spot x (1+40%) / (1+10%) Why?
latest answer
Thank you sir
G Chandrakanta
CA Final
★ 15K+
2
66
Entry load
AFM
answered on 02-Mar-26 20:35
Sir, In the previous illustrations, entry load is additionally added to the opening investment. But here it has been deducted, and only the net amount has been invested. Why 2 different approach sir? [Video Time Stamp: 05:07]
latest answer
It is not entry load but initial expenses of scheme It is subtracted here because mf needs to generate return on balance smt only
Swathi S
CA Final
★ 975
1
50
Professional Ethics
Auditing
answered on 17-Mar-26 10:17
Member deemed to be in practice- Can anyone explain this point marked in star
latest answer
A CA acting in specified roles is deemed to be in practice only when acting in professional capacity and not when engaged on a salary-cum-full-time employment basis. Simply, Profession/ personal- deemed practice Employer- employee relation- not deemed practice
sindhu p
CA Final
★ 0
2
68
Illustration 24
Financial Reporting
answered on 04-Mar-26 17:27
Sir, In Illustration 24, we know that company is going to get duty drawback before approval of FS. Why cant we recognise the contingent asset into asset on 31/3/2022 as we did on Illustration 23 ? [Video Time Stamp: 10:48]
latest answer
the approval by the Department created the right after the reporting date. The event was not existing on balance sheet date i.e. the claim was not virtually certain at the reporting date
Hariharan Ravichandran
CA Final
★ 2K+
1
51
Guaranteed Residual Value
Accountancy
answered on 02-Mar-26 17:18
Sir, You said that Any maintainance costs given by lessee to lessor at end of lease term also forms the part of GRV, Does it apply only if Lessee purchase the asset at End of Lease term?? [Video Time Stamp: 18:27]
latest answer
No. Even if not purchased or purchased by third party
Jagadeesh Jaidev
CA Inter
★ 645
1
72
Minimum lease payment
Accountancy
answered on 05-Mar-26 15:37
Sir, For Lessor, If any Residual Value Guaranteed by a third party, Won't that amount be manipulated by Lessor(Lessor may Inflate the RV)and be different from the actual ?? OR is MLP different for Lesse and Lessor,?? If so, Then which one should we consider?? Does it form the part of the Lease Agreement?? [Video Time Stamp: 18:26]
latest answer
The lease agreement contains the rental schedule, residual value clause, guarantee details, etc. From those terms, accountants derive MLP separately for lessor and lessee books. So MLP is a derived figure for accounting entries not a term written in the contract.
Jagadeesh Jaidev
CA Inter
★ 645
5
82
Pre Tax Deposit to be paid to Appellate Tribunal
Indirect Taxation
answered on 06-Mar-26 15:48
Sir, earlier in section 112 you said pre tax Deposit to be paid is 100% of admitted dues + 10% of remaining tax in dispute. But now here you are saying 100% of admitted dues + 20% of remaining tax in dispute. Here you are saying 20% instead of 10%. Which is correct sir.?? [Video Time Stamp: 10:18]
latest answer
Okay Sir, thank you.
K Vamshi
CA Final
★ 14K+
2
60
Classes
Exams
answered on 30-Mar-26 11:24
Sir I want to purchase classes, but my attempt is may 2028, there could be amendments in subjects right, so can you please guide me which subjects I can purchase now?
latest answer
Ok mam
Priyanka R
CA Final
★ 20K+
4
89
Other
Financial Reporting
answered on 03-Mar-26 12:28
Vid 17 ended abruptly. is there supposed to be anything more?
latest answer
Nothing significant.
Vishnu Muraleedharan
CA Final
★ 32K+
1
46
NAV computation
AFM
answered on 02-Mar-26 09:01
Sir, Why NAV reduces due to dividend payout - I couldn't get the logic, sir? [Video Time Stamp: 08:18]
latest answer
Nav
Swathi S
CA Final
★ 975
1
51