Forums
Doubt
Auditing
answered on 26-Oct-24 17:33
If I'm auditing subsidiary company can i get the rights of info of holding!!
latest answer
If itβs concerned with audit , then yes
07- Issac Jolly-XII C
CA Inter
β 16K+
1
441
Can we do ke calculation using this formula
Financial Management
answered on 28-Oct-24 21:45
Sir, in video you used EAESH/S to find ke. In another way can we use ke = ko + D/E (ko-kd) (1-T) ?
latest answer
Thank you sir
VISHVA G
CA Inter
β 2K+
2
198
Retriring officer
Auditing
answered on 26-Oct-24 09:01
Who is retiring officer????????
latest answer
One who has completed the tenure , or vacating the office for any reason
07- Issac Jolly-XII C
CA Inter
β 16K+
1
520
Conclusion
Auditing
answered on 26-Oct-24 09:02
So the AGM will not be concluded if the subsequent auditor is not appointed?
latest answer
Yes. Conclusion means all items in the agenda of the meeting should be completed
07- Issac Jolly-XII C
CA Inter
β 16K+
1
559
Reappointment
Auditing
answered on 26-Oct-24 16:23
Does in every AGM, reappointment happends...?? Or i didn't got what and why there is need of re appointment because there is cooling period right?
latest answer
After 5 or 10 years, there is cooling period . So for every year there is reappointment
07- Issac Jolly-XII C
CA Inter
β 16K+
1
492
casual vacancy
Auditing
answered on 26-Oct-24 17:32
What happens if the BOD didn't filled the vacancy within 30 days-... Will members do it?
latest answer
π
07- Issac Jolly-XII C
CA Inter
β 16K+
4
436
Loss of stock
Accountancy
answered on 29-Oct-24 09:31
Sir I hve done this sum as per ur vedio class but I'm not getting the answer as per the book
latest answer
abnormal items are excluded to calculate normal rate of gross profit. So if closing stock has some abnormal items or sales have some abnormal items, we deduct them to arrive at normal gross profit.
Ramalaxmi K
CMA Inter
β 250
7
758
Way of mentioning the ratios
AFM
answered on 26-Oct-24 06:12
Sir in class ratios are mentioned Acquirer : Target (5:6) in this problem, similar way is done for problems till now in class videos, but in Icai study material, its like reverse way mentioned in most places 6:5. I know that we write what it means, that for every 5 shares of target co, 6 shares of acquirer, so this reverse will be an issue , despite writing what ratio means ?
latest answer
When eps ratio is 5:6 or say βΉ50:βΉ60 Swap ratio is 6:5 that is 6 shares of A for 5 shares of B I explained this logic too in class ICAI in certain questions is directly providing swap ratio as 6:5 thatβs all
Hemachandra D
CA Final
β 9K+
1
506
Transition period
Auditing
answered on 26-Oct-24 16:25
In new act the years to served means balance years of what the enity decided the number of years to do the audit as per the agree ment of the years of term(means if @the time of new act one companh have completed 6 years of audit of 20 years agreement so the transition period is higher of 3 years or 14 years. Or only get 3 years )
latest answer
Only 3 years
07- Issac Jolly-XII C
CA Inter
β 16K+
1
472
Firm case
Auditing
answered on 26-Oct-24 16:26
In case of firm they are eligible to re appointed after a term of 5 years that means if the entity want to Changed the auditing firm after 5 years they can do it... Its not mandatory to keep the same audting firm for next 5 years as well.
latest answer
Not mandatory to even keep for 5 years . Itβs just they are eligible for 5 years .
07- Issac Jolly-XII C
CA Inter
β 16K+
1
480