Forums
Illustration Doubt
Financial Reporting
answered on 03-Oct-24 13:03
In the Illustration why we did not factored the CPI Index as on Commencement Date which was given in Question to compute Lease Liability and why have we considered CPI Index as on the date of remeasurement ?
latest answer
As on date of commencement, we will not factor in any future increases in CPI (since we do not know future CPI) On the date of re-measurement, we know the increase in CPI and hence it is factored in.
M Naresh
CA Final
★ 3K+
4
641
Articleship
Others
answered on 10-Oct-24 11:34
I started my Articleship in Nov.2023, But unfortunately I was unable to submit form 103, I have form 102 executed on Nov.2023, How can I register now ?
latest answer
You can register with late fee.
Rishikesh Prajapati
CA Final
★ 7K+
1
724
Beta calculation
AFM
answered on 01-Oct-24 20:50
Sir, In the calculation of portfolio beta after entering into long position in Nifty future, if question specify on margin requirement on future contracts, is it correct to include margin money along with portfolio value in the denominator? Whether any changes required in the numerator part ? Kindly advise.
latest answer
Beta & margin
Venkatesh S
CA Final
★ 2K+
1
306
CA-FINAL exam
Exams
answered on 02-Oct-24 11:31
I have dropped from CA-FINAL in 2020 and my registration is lapsed need to re-register.Should I need to pass SPOM before writing CA-FINAL or after
latest answer
Check screenshots below
bharathi mammula
CA Final
★ 0
3
521
Syllabus introduction
Accountancy
answered on 01-Oct-24 22:03
What is the meaning of legislation
latest answer
Legislation refers to laws that are created and enacted by a governing body, such as a parliament or legislature. It is a formal process through which rules, regulations, and statutes are established to govern a society, manage organizations, or regulate behavior. Legislation outlines the legal rights and obligations of individuals, businesses, and government entities, providing a framework within which a society operates. In simple terms, legislation is the body of laws that are passed by lawmakers to organize, control, and guide actions in a country or community. These laws are enforceable and carry legal consequences if not followed. Examples of legislation in India include: - The **Companies Act, 2013**, which regulates companies and corporate governance. - The **Limited Liability Partnership Act, 2008**, which governs the formation and operation of LLPs. - The **Income Tax Act**, which deals with taxation laws.
DEBJANI Dutta
CA Inter
★ 0
2
646
Valuation of Bonds - Illustration 27
AFM
answered on 01-Oct-24 20:57
In this solution we have concluded that redemption option is better than conversion option (i.e., Mr. A already has the bonds at his disposal) But the question says that Mr. A has been offered the bond & asks us to determine the minimum price he has to pay if his expected return is 11%. So it means that we have to give the price of Rs. 980.785/- that he'll offer since it is the lower of the two options. Or if we assume that the equity price may go up or down but the bond returns including redemption value are fixed, the minimum price he'll be willing to pay is Rs. 1,001.88/- (i.e., irrespective of the equity prices he'll get the fixed returns on the bond)
latest answer
Ok sir
Vigneshwar M
CA Final
★ 2K+
4
563
Ind as2
Financial Reporting
answered on 03-Oct-24 14:51
Scrap sale revenue deducted from inventory cost ? Or Other income
latest answer
Cost
Ravi Teja
CA Final
★ 20
1
591
Article ship
Others
answered on 01-Oct-24 20:03
Can we register articleship before 30 days from the date of result, after result came
latest answer
Passing both groups in intermediate.thn u can register
KIRANKUMAR R
CA Inter
★ 9K+
3
695
concepts of carve outs / ins
Accountancy
answered on 01-Oct-24 12:34
Hello sir In Introduction to accounting standards chapter concepts of carve outs /ins Are not covered in class
latest answer
K sir
siddesh N
CA Inter
★ 4K+
2
203
May 2024 first questiom
AFM
answered on 01-Oct-24 14:40
In the question they have anticipated dividend wording I.e D1 they given , Why multiply by growth
latest answer
First Column is all data as on Day 0 for Year 1 Second column is Day 366 for year 2 Computations are on a forward looking basis based on next year estimates as on that date
Ravi Teja
CA Final
★ 20
2
558