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Characteristics of investment company

Financial Reporting

answered on 21-Oct-24 10:19

In the 4th point, Whether investors should have equity interest in the investing entity or the investing entity should invest in equity instruments of the investees, sir ?

latest answer

Investors should have equity interest. It should not be an investment in form of say - debentures.

Swathi S

Swathi S

CA Final

975

1

158

Exams - MCQ'S

Others

answered on 20-Oct-24 07:40

Can you please upload MCQ' s Paper on free resources for Sep 24 exams

latest answer

Ca inter a papers are already uploaded

Shwetha Ram

Shwetha Ram

CA Inter

6K+

1

442

IND AS 105

Financial Reporting

answered on 21-Oct-24 10:25

SIR, CAN YOU PLEASE DIFFERENTIATE BETWEEN POINT A AND B OF DISCONTINUED OPERATIONS DEFINITION.

latest answer

Second point refers to a situation where the entity is selling off a larger part and this discontinued operation is a part of that plan.

Umayal Lakshmanan

Umayal Lakshmanan

CA Final

6K+

1

176

Old Syllabus and New Syllabus

Costing

answered on 19-Oct-24 23:35

Can anyone give suggestions on whether the Costing for CA inter has any changes in syllabus and concepts in new syllabus compared to the old syllabus. Thanks.

latest answer

Only small topics are added here and there like the angel financing concept added in the 2nd chapter. Additional questions are added. Not a significant change

Rajasekaran Suresh

Rajasekaran Suresh

CA Inter

495

1

504

earnings per share with particiapting rights

Financial Reporting

answered on 21-Oct-24 10:39

Can we not take the profits to be distributed which is 46000 directly to the preference and equity shareholders in the ratio of 20:80 and then find out the EPS?

latest answer

No. The number of shares are different. Per share dividend is in the ratio of 20:80

natarajan k

natarajan k

CA Inter

3K+

1

527

In this qn all the abv merger conditions satisfy but they use the purchase method why???

Accountancy

answered on 21-Oct-24 10:40

In this qn all the abv merger conditions satisfy but they use the purchase method why???

latest answer

The condition that business will be continued is not given in the question. So this condition is not satisfied.

Jeeva Sakthivel

Jeeva Sakthivel

CA Inter

0

1

557

Explaination

Auditing

answered on 21-Oct-24 20:01

Explanation of the box required

latest answer

ISA are international standards on auditing. So jurisdiction refers to the place of applicability. It could also suggest that the audit report is designed to meet the requirements of multiple stakeholders, including those in both national and international jurisdictions. If client in global, part of audit is conducted as per ISA, so the place where it has been applied is what is referred to here

07- Issac Jolly-XII C

07- Issac Jolly-XII C

CA Inter

16K+

1

548

Explain

Auditing

answered on 21-Oct-24 19:48

Explanation pleasemmm............

latest answer

Management is responsible for preparation and presentation of financial statements. We hav two Financial reporting framework. One is fair presentation framework and other is compalince. In case where fair presentation is applicable, auditor’s opinion will use the words true and fair or present fairly. In compliance framework, opinion will have the works , financial statements are prepared in compliance with applicable FRF. Company schedule III- fair presentation framework Banking, insurance companies- will have compliance framework. Refer SA 700 for detailed discussion on framework

07- Issac Jolly-XII C

07- Issac Jolly-XII C

CA Inter

16K+

3

535

Compound interest

Maths & Stats

answered on 20-Oct-24 07:38

How to calculate that power 20 sir in easy way using calculator

latest answer

Power 20 - there is no easy way yuu have to multiply a number with itself once and then press = 19 times

Bindhupriya S Bindhupriya S

Bindhupriya S Bindhupriya S

CA Foundation

2K+

1

251

Portfolio management

CFA

answered on 19-Oct-24 18:23

Sir pls explain what is strategic asset allocation

latest answer

Strategic asset allocation

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

1

528