Forums
Confirmation request
Auditing
answered on 17-Nov-24 18:32
Who sends thw confirmation request?- it's prepared by auditor but sends by management right?
latest answer
Auditor obtains the list from the management. Designs the confirmation request and then sends to the external party. And they directly respond to the auditor.
07- Issac Jolly-XII C
CA Inter
★ 16K+
5
515
why cost of retained earnings is 16%
Financial Management
answered on 17-Nov-24 11:29
hello sir, while computing the additional cost of equity shares it is 18.25%, so, my assumption is the cost of retained earnings should also be 18.25( because there is no floatation cost). please clarify
latest answer
thank you sir 😁
Nagachaitanya Nomula
CA Final
★ 8K+
2
176
Security Valuation TYK 12
AFM
answered on 18-Nov-24 17:54
Why we find interest using effective interest Rate. What's wrong in computing interest using the Face Value of Debenture and Bonds ?
latest answer
Thankyou sir.
R M
ACCA Professional
★ 4K+
2
469
Interest and Finance charges
Costing
answered on 18-Nov-24 08:48
In exam , have to add' Interest and finance charges' before Cost of Sales in Cost sheet?
latest answer
Yes
Mehak K
CA Final
★ 3K+
2
402
Buyback
Accountancy
answered on 18-Nov-24 16:43
Tell the entry for the following questions
latest answer
Which entry do you have a doubt in?
Bhavika Rathi
CA Foundation
★ 2K+
1
468
Logic of Reverse calculation
Financial Reporting
answered on 18-Nov-24 16:08
Sir, i did not understood the logic for calculation. I understood the accounting acquirer is B but the notional calculation logic is not clear, hence if such question is to be solved without remembering this step, i wont be able to solve as logic for such calculation is not clear.
latest answer
Since Y is the accounting acquirer, we assume that Y will notionally issue shares to acquire X. This should be done in a way that Y controls 90%. So Y's current shares of 400 represent 90% If 90% = 400 10% = ? 10% => 400*10/90 = 44.44 shares. So Y will issue notionally 44.44 shares to acquire X
Hrishikesh Pradhan
CA Final
★ 18K+
2
480
Event management services - on son's marriage occasion
Indirect Taxation
answered on 22-Nov-24 19:49
Hi sir, point iv the service is of personal nature ( son's marriage) right sir whether 7(1)(c) will apply on this
latest answer
From event manager perspective, it is for business purpose only. You have to see from supplier perspective.
priyadharshini priya
CA Final
★ 2K+
1
185
Composite supply
Indirect Taxation
answered on 16-Nov-24 16:13
Hi Sir, To treat as composite supply it should be for a single price right sir( correct me if wrong) but in this question hiring of excavator & manpower services values are provided separately, still should we consider as composite supply
latest answer
Not necessary. Single price is mandatory condition in mixed supply.
priyadharshini priya
CA Final
★ 2K+
1
189
furnishing of bank account RULE10A
Indirect Taxation
answered on 16-Nov-24 16:09
In book they gave 45 days from date of grant registration or due date furnishing return ,w .e. earlier. but the recorded sir says 30days from date of grant registration or due date gst1 ,w .e. earlier. which is correct .
latest answer
30 days is correct.
145 RamyaaSri.S
CA Inter
★ 380
1
178
Security Valuation TYK 6
AFM
answered on 16-Nov-24 12:53
In this question why we subtract that Rs. 20 . As per Formula of Interpolation I'm getting the answer different.?
latest answer
Ignore this. I think I done mistake. I should have found NPV.
R M
ACCA Professional
★ 4K+
1
584