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Increase in closing value when reinvestment
AFM
answered on 24-Oct-24 13:26
Sir how come the Closing value just increased to 3277.45 (9.45*346.82) from 3240 (9.45*300 + 405) is it a mathematical increase because of assumption in calulation of 8.65 or is that the value actual increased ?
latest answer
Yes
Hemachandra D
CA Final
★ 9K+
4
519
IND AS 23
Financial Reporting
answered on 24-Oct-24 11:19
Sir if i purchase material worth 1lakhs on 1st Apr but payment is done on 1st may, then calculation of borrowing cost for the purpose of capitalisation shd start from ___________ Can you explain this briefly,
latest answer
https://youtu.be/Jp68AaZwe34?si=MqpT8jT1MIh3vun9&t=2004
R Yashwanth Kumar
CA Final
★ 87K+
3
426
Consolidation
Accountancy
answered on 29-Oct-24 18:16
in this case they are saying abnormal loss of RS.1lakh has occurred on 1/7/18.Whereas the DOA is 30/9/2018.So then why here we are adding abnormal loss of 1lakh in post acquisition instead of pre acquisition?
latest answer
thank u sir
Niveta Rajkumar
CA Inter
★ 6K+
4
468
Ind AS 36 Impairment of Assets
Financial Reporting
answered on 23-Oct-24 10:51
In the Illustration 5 of the chapter There were three discount rates 5, 5.25 and 5.5 for three periods In the Solution Computed the cash flow for the 1st year discounted @5%(1/1.05) and then for the second year's cash flow was discounted @5.25 for 2year (1/1.525^2) . Now, my doubt is why cash flow for the second year was not discounted at 1/1.05*1/1.0525.
latest answer
Here it is a single cashflow in a particular year. So if we receive cashflow in year 2 - applicable rate given is 5.25. it is assumed that the rates are applicable for both year. Like if you borrow for 2 years rate is 5.25%. However, if the question states that the borrowing rate is 5% in Year 1 and 5.25 in year 2 we will divided by (1.05)*(1.0525)
kavitha selvam
CA Final
★ 2K+
1
172
Dividends of subsidiary
Financial Reporting
answered on 23-Oct-24 06:29
Sir can u pls provide any chat for dividend Showing dividend declared on pre profit and post profit Wt are the changes will happen in consolidated balance sheet
latest answer
Ok
Suman Hs
CA Final
★ 2K+
1
200
Equity method for accociate company
Financial Reporting
answered on 23-Oct-24 10:17
Sir if dividend paid by accociate company the Wt is the entry Whether we should minus in investment a/c Or just bank account Dr to pl a/c
latest answer
For dividends Dr. Bank Cr. Investment
Suman Hs
CA Final
★ 2K+
1
178
Order
AFM
answered on 24-Oct-24 20:05
Sir I have completed till security valuation - bonds, now i am planning to study mutual funds chapter as it takes less time and then come to portfolio managament, is there any thing much linkage so to study first portfolio managament and then mutual funds
latest answer
Nope Only security valuation equities
Hemachandra D
CA Final
★ 9K+
5
552
Mcq Video bond valuation
AFM
answered on 22-Oct-24 20:33
3rd mcq sir answer they given 12.24 right ? Is there Other way doing issue expenses percentages apply on face value or realised amt
latest answer
Done - check notes
Ravi Teja
CA Final
★ 20
5
532
Impairment testing
Financial Reporting
answered on 23-Oct-24 17:41
Sir is impairment applicable to investment property or as per the below solution first we need to check for impairment and then transfer building from IND AS 16 TO IND AS 40
latest answer
Covered under Ind AS 36
R Yashwanth Kumar
CA Final
★ 87K+
4
521
₹1000 limit for time of supply of service
Indirect Taxation
answered on 25-Oct-24 14:53
Pls explain the provision wrt this
latest answer
If excess amount is upto 1000 then on such excess, supplier may pay tax when the amount is received or when the amount is adjusted in next invoice.
Sushmita Chowdhury
CA Inter
★ 2K+
2
579