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Illustration 30
Financial Reporting
answered on 03-Dec-24 14:21
Sir, How enterprise level valuation would become variability factor Can please explain in detail
latest answer
The variability is dependent on valuation of enterprise. No of shares change based on valuation. No of shares change depending on valuation. Though time is involved, but there is aspect of valuation as well. If no of shares were fixed based on time frame, it would not have been variable.
Gunda Sharan
CA Final
★ 150
1
220
Advance tax
Direct Taxation
answered on 27-Dec-24 07:31
In ur 2nd video first example x having business income of 260000 Less tds and TCS Tds 160000 TCS 50000 Answer is 70000 right but in ur answer balance tax payable is 160000 70000/160000 adv tax applicable I am ok with that... But my question is why u put 160000
latest answer
Ok sir
dhivya annam
CA Inter
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4
336
Bench mark
Auditing
answered on 05-Dec-24 10:06
after certain percentage applied to the bench mark is called as ?
latest answer
Overall financial statement materiality
Satya Reddy
CMA Final
★ 1K+
1
286
performance materiality
Auditing
answered on 05-Dec-24 10:06
performance materiality vary for transactions,balances and disclosures whereas at planning materiality. It vary or does not vary for planning materiality ?
latest answer
Planning we have only material level decided. Performance materiality changes with the level of risk they carry
Satya Reddy
CMA Final
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243
Exemption
Exams
answered on 30-Nov-24 10:18
To get an exemption in a subject do i need to attend all the subject in that group
latest answer
Yes
Aswin Mohan
CA Inter
★ 710
1
644
IBS
Others
answered on 30-Nov-24 10:40
Sir in paragraph they have mentioned Financial commitment doesnot include overseas bank gaurantee , but in calculation they have considered
latest answer
Other than word is wrt Foreign portfolio investments and NOT NFB liabilities
R Yashwanth Kumar
CA Final
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648
Doubt
Auditing
answered on 30-Nov-24 08:14
The only company audit that we have in the syllabus is only the reporting requirement +CARO right?
latest answer
Yes
07- Issac Jolly-XII C
CA Inter
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2
700
Major Overhaul
Financial Reporting
answered on 30-Nov-24 08:16
Timestamp: @ 00:39 Sir, what does "The estimated cost of the overhaul at the five-year point is Rs. 5 million" mean? Is it just assumed that the initial overhauling was also done at Rs. 5 million? Need we always do so? Thanks.
latest answer
Initially there is no overhaul done separately. What we assume is that since the machine is in working condition/ overhauled condition, we will get benefit for 5 years. So the initial cost is assumed to have had the benefit of overhaul worth 5 million.
Denz Philip
CA Final
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264
How u understand it is payment method
Accountancy
answered on 02-Dec-24 20:28
How u understand it is payment method
latest answer
Understand now clear doubt
R G
CA Final
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1
709
E-Way bill
Indirect Taxation
answered on 09-Dec-24 11:45
Sir, consider a person doing marriage in chennai. His native is in Kanyakumari. He asks the catering service from kanyakumari to come all along to chennai for making food for his marriage. The cook carries all the goods like spoon, drum, water,chair, grinder, mixy and other kitchen equipments all along from kanyakumari to chennai. Do we need to generate e-way bill for the above case?
latest answer
Yes right. But practically we advise to generate in order to avoid the risk of GST officer catching in transit.
S Shriram
CA Final
★ 0
4
262