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Illustration- 6

AFM

answered on 04-Mar-26 09:58

At first I assumed since the amount of Rs.1000 is deducted for VAR at first, The person has transferred the amount of Rs.11 cr to his bank a/c and At the time of transferring also the minimum balance of Rs 1000 should maintained as Opening balance in his a/c, So that the amount should not deducted? Is this correct?

latest answer

out of 11 cr , 10 ,99,99,000 can be maximum loss ( value at risk) he also has 63, 42,560 from fd. Adding both we get 11,63,41,560 ( this can be maximum loss at 99% confidence level. This is the same way in which we solved all other problems in this chapter not really sure where you are stuck. kindly let me know and i would be happy to help

DIVYA S

DIVYA S

CA Final

55K+

3

58

Suraj sir

Financial Reporting

answered on 03-Mar-26 12:28

Sir for May attempt i need LDR question list Where i can i find them

latest answer

Resources.

Koti Reddy

Koti Reddy

CA Final

10K+

1

65

AS 7

Accountancy

answered on 05-Mar-26 10:35

Sir, why has interest for 9 months included in cost of construction when it was specifically mentioned for 8 months and also as per AS 7 and 16, it should be considered for that period only where construction is in progress?

latest answer

ICAI has not been consistent in treatment of such questions. The number of months depends on assumption.

Rahul Anand

Rahul Anand

CA Inter

6K+

1

72

MCQ

Financial Reporting

answered on 05-Mar-26 10:27

Sir, here i had a query that how the answer is (a) , institute has marked it (a) but i think it shall be (d), Please correct me if not correct.

latest answer

compulsorily convertible

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

1

50

AS 19

Accountancy

answered on 28-Feb-26 19:22

What will be the answer to this rtp mcq

latest answer

ok Sir.

Rahul Anand

Rahul Anand

CA Inter

6K+

2

70

May 2026- Amendements

Financial Reporting

answered on 28-Feb-26 16:08

Sir, in a separate video could please clarify the amendments point in latest RTP for May 2026 for FR. Because wordings are a bit confusing

latest answer

Will do it.

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

1

66

Date of Impairment

Financial Reporting

answered on 15-Mar-26 19:50

In this q, the asset is temporarily taken out of use from 30-Sep-2017. However we calculate impairment based on figure for 31-Mar-2018 Shouldn't we calculate Impairment Loss on Sep 2017? [Video Time Stamp: 04:12]

latest answer

Understood. Thank you!

Vishnu Muraleedharan

Vishnu Muraleedharan

CA Final

32K+

2

46

Illustration 21

Financial Reporting

answered on 13-Mar-26 13:11

Illustration 21- what if machinery used- Rs 1000 and not used is Rs 2000 What will be the answer?

latest answer

minimum is considered.

DIVYA S

DIVYA S

CA Final

55K+

1

51

AMC & expenses

AFM

answered on 28-Feb-26 13:08

Sir, Then AMC profit is the only profit / revenue that a MF can make? [Video Time Stamp: 06:59]

latest answer

Amc

Swathi S

Swathi S

CA Final

975

1

61

𝙿𝚛𝚘𝚏𝚎𝚜𝚜𝚒𝚘𝚗𝚊𝚕 𝙴𝚝𝚑𝚒𝚌𝚜

Auditing

answered on 17-Mar-26 10:20

𝙸𝚗 𝚝𝚑𝚎 𝚐𝚒𝚟𝚎𝚗 𝚚𝚞𝚎𝚜𝚝𝚒𝚘𝚗 𝙼𝚛. 𝙰 𝚆𝚒𝚕𝚕 𝚊𝚕𝚜𝚘 𝚋𝚎 𝚑𝚎𝚕𝚍 𝚐𝚞𝚒𝚕𝚝𝚢 𝚞𝚗𝚍𝚎𝚛 𝚌𝚕𝚊𝚞𝚜𝚎 2 𝚘𝚏 𝚙𝚊𝚛𝚝 1 𝚘𝚏 𝚏𝚒𝚛𝚜𝚝 𝚜𝚌𝚑𝚎𝚍𝚞𝚕𝚎 𝚘𝚏 𝙲𝙰 𝚊𝚌𝚝, 1949 𝚛𝚒𝚐𝚑𝚝? 𝙰𝚜 𝚑𝚎 𝚙𝚊𝚢𝚜 𝚜𝚑𝚊𝚛𝚎 𝚘𝚛 𝚋𝚛𝚘𝚔𝚎𝚛𝚊𝚐𝚎 𝚘𝚛 𝚌𝚘𝚖𝚖𝚒𝚜𝚜𝚒𝚘𝚗 𝚘𝚗 𝚏𝚎𝚎𝚜 𝚛𝚎𝚌𝚎𝚒𝚟𝚎𝚍 𝚝𝚘 𝚘𝚝𝚑𝚎𝚛 𝚝𝚑𝚊𝚗 𝚖𝚎𝚖𝚋𝚎𝚛𝚜?

latest answer

Mr. A will NOT be held guilty under Clause (2), as the payment to the digital marketer is for marketing services and not a sharing of professional fees. However, he is guilty under Clause (6) for solicitation of clients. The payment is for marketing services -It is not a direct sharing of professional fees for execution of CA services -The marketer is not acting as a partner/substitute performing CA work

parvesh s

parvesh s

CA Final

2K+

1

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