Forums
Do we have to compulsorily use continuous compounding method or can we use simple interest method as well?
AFM
answered on 08-Jan-25 13:28
Do we have to compulsorily use continuous compounding method or can we use simple interest method as well?
latest answer
If value of e is provided u have to use continuous compounding In real life that is what is used
Manu Jacob
CA Final
★ 6K+
1
308
Classification on modification - Illustration 50
Financial Reporting
answered on 15-Jan-25 15:17
Sir, till [timestamp 14:53], I understood well. But afterwards it slightly confuses. 1. Aren't we supposed to check the classification that would have been made at inception, had the modified T&C already been in place? Then why did we check it as on date of modification (i.e., beginning of Y2)?
latest answer
Okay, sir. Got it. Many thanks.
Denz Philip
CA Final
★ 10K+
4
253
Amendments for may-25
Direct Taxation
answered on 08-Jan-25 12:08
Sir make amendment videos for may-25 exams for taxation exam( CA inter)
latest answer
Check it https://youtu.be/H8SAgROSKsM
Ajaykumar Parit
CA Inter
★ 815
1
395
Exemption
Exams
answered on 09-Jan-25 19:53
For getting exemption should i have to appear for all the papers and then get exemption or appear only for the paper i wish to get exemption ? From Jan 2025 is the exemption permanent ?
latest answer
Of a group
Harish Chandar T
CA Inter
★ 5
4
349
Fsa
CFA
answered on 08-Jan-25 13:18
If there is dividend payable account and dividend declared in given, you calculate the dividend paid from the dividend payable account, you have to put dividend paid under Financing activities, do you need to put dividend declared under non cash and non operating activities under operating activities. And what is the difference between dividend declared and proposed dividend
latest answer
No need to put dividend declared in non cash and non operating item in CFFO as it is not deducted while arriving at net income. It is deducted from equity. Proposed dividend is the dividend proposed by board of directors. It becomes declared once approved by shareholders.
Kaarthick Abishek
CFA L1
★ 0
1
311
Residual Value
Financial Reporting
answered on 08-Jan-25 07:23
Residual value is an Current Estimate which can be recovered, Doubt is cost incurred to sell such asset should it be reduced from such estimates to cosndier the Residual value, say Commission cost will be incurred to sell such asset, should the commission charges to be reduced to arrive at residual value
latest answer
Yes. Net residual value.
Hemachandra D
CA Final
★ 9K+
1
331
Revalutaion Accounting
Financial Reporting
answered on 08-Jan-25 17:34
Sir, out of 2 methods to do Revalution Accounting, can we follow any method or second method to be followed ?
latest answer
Any one
Hemachandra D
CA Final
★ 9K+
1
312
SPOM Applicability
Others
answered on 08-Jan-25 07:53
Sir I have completed my Ca inter in Nov 2023 but still continuing articles. Shall I have to write set C and D sir?
latest answer
Okay sir thank you
Likhitha Sivani
CA Final
★ 14K+
2
351
Buy Back of Shares
Accountancy
answered on 08-Jan-25 07:34
Do we have to consider Current liabilities also for calculating debt:equity while checking But Back conditions? In some solutions they have considered and in some they haven't. So please do confirm.
latest answer
Yeah. Thank you Sir 😊
Shridhara H U
CA Inter
★ 550
4
314
Error on Commercial Substance
Financial Reporting
answered on 09-Jan-25 14:34
Topic: Ind AS 16 PPE 10. Exchange of Assets Time: 19.10 Land sold at Location - Ahmedabad and acquired building at New Delhi has commercial substance. Whereas it is showing as No Commercial Substance. What is correct?
latest answer
The correction is done and video is uploaded.
Kranthi
CA Final
★ 2K+
2
271