Forums
Ind as 36 and 16
Financial Reporting
answered on 28-Oct-24 15:45
Sir impairment can be any time during the year or year end Same doubt for Re valuation also
latest answer
Impairment assessment is done at year end as per Ind AS 36 Revaluation - no specific period but generally done at year end.
Ravi Teja
CA Final
★ 20
1
502
Difference in small value using different methods
AFM
answered on 24-Oct-24 14:58
Sir using different methods Rs 5-10 difference for 10 lakhs, is that okay in exam, will we get full marks ?
latest answer
For such minor differences due to round off usually evaluators do not deduct marks - you should also check if you are getting a number like 49,99,997 - more often than not it is 50 lacs due to round of decimal somewhere in the computation
Hemachandra D
CA Final
★ 9K+
1
467
Draft audit report
Auditing
answered on 25-Oct-24 15:08
What is draft audit report?............
latest answer
Not a final one. First draft is prepared, then after all relevant communication with management, TCWG, final audit report will be submitted
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
381
Explanation
Auditing
answered on 25-Oct-24 15:12
Of point (e) explanation needed
latest answer
Money permitted would mean certain strict restrictions and guidelines will be made, on compliance of them investment can be done . Like choice of investment etc. In short, permissible after those compliances
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
538
Shareholding
Auditing
answered on 24-Oct-24 11:56
Is value of shareholding means total value of shares such person is holding or value of per share is 1000?
latest answer
Total value
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
490
partial derecognition of FA
Financial Reporting
answered on 24-Oct-24 11:32
why is the second portion of the FA derecognised as the entity is still holding the risk on that portion? why was the split given now itself? Please assist if my understanding is wrong.
latest answer
We have derecognised Loan and recognised corresponding Principal Strip & Interest Strip (loan components retained)
Ali S
CA Final
★ 8K+
1
456
Interest rate cal
Financial Reporting
answered on 24-Oct-24 12:25
Sir as per assumption 1 The capitalisation rate is 11.09 But if we do in a normal way calculations I am getting different answer
latest answer
OD is not 750,000 for full year. its 5,00,000 for 11 months and 750,000 for 1 month.
Suman Hs
CA Final
★ 2K+
1
190
Equation
Maths & Stats
answered on 24-Oct-24 06:24
of two numbers 1/5th of greatest is equal to 1/3rd of the smaller and their sum is 16 the number are
latest answer
1/5x = 1/3y or y = 3/5x X +y = 16 Substitute y and solve X = 10 Y = 6
Kalyani Manmode
CA Foundation
★ 0
2
469
Equcation
Maths & Stats
answered on 24-Oct-24 06:24
of teo numbers 1/5th of greatest is equal to 1/3rd of the smaller and their sum is 16 the number are
latest answer
1/5x = 1/3y or y = 3/5x X +y = 16 Substitute y and solve X = 10 Y = 6
Kalyani Manmode
CA Foundation
★ 0
1
435
Doubt
Financial Management
answered on 24-Oct-24 10:18
Whey are we doing calculation of IDP, in question they ask about EPS under three financial alternatives only right? So is it not enough if we only calculate eps under 3 options?
latest answer
Ideally Question should have specified compute indifference point - will add that line. Very unlikely they will ask you to compute just EPS in CA Iner exams
HariPriya C
CA Final
★ 3K+
1
449