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doubt relating to cost of retained earnings and cost of equity
Financial Management
answered on 18-Nov-24 09:25
sir, in this question, there are two ways in computing cost of equity so, are these both are correct?
latest answer
Depends on question - if they say current dividend then it is D0next year dividend is d1 If not clear then make an assumption & state it
Nagachaitanya Nomula
CA Final
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1
753
Illustration 8
Accountancy
answered on 18-Nov-24 16:42
In the exam Can we present values in Full?
latest answer
Yes.
Shivashankar Jawai
CA Inter
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543
Objectivity and independence
Auditing
answered on 17-Nov-24 18:29
Pls Check whether my pov is correct: Objectivity: any conclusion or opinon that the auditor reached should contain solid evidence and facts, it shouldn't be based on personal interest Independence:auditor should not be influenced by any party or by anything. Why does sometimes i feel both of the above are same? Pls someone help me out on this?
latest answer
Independence is a broader perspective for objectivity. Objectively simply means- based on evidence obtained , give opinion. No other factors should affect the decision of auditor. Independence in both- in mind and appearance. They are inter related. When we study threats to independence, we used the language not to compromise on objectivity. So they are not totally different. Your PoV is correct
07- Issac Jolly-XII C
CA Inter
★ 16K+
1
715
BRS
Auditing
answered on 17-Nov-24 18:30
Is it cheque issued but not presented by the bank?
latest answer
Yes . Cheques issued in the month of March, due for clearing in month of April. Basically year end, where cut off and completeness has to be checked. It’s an indicator, if such paid is really due or not
07- Issac Jolly-XII C
CA Inter
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1
721
Mathematics of Finance and central tendency
Maths & Stats
answered on 28-Jan-25 03:18
My not complete practice on this chapter and I want to solve many more mcqs of this chapter
latest answer
Final
Shoaib
CA Foundation
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4
581
Investment Property
Financial Reporting
answered on 11-Mar-25 09:13
Sir, i had a very silly question , why have we depreciated Investment property. As far as i remember Ind AS 40, we dont charge depreciation to investment property as they are recognised at cost.
latest answer
Yes
Hrishikesh Pradhan
Qualified CA
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3
314
Auditng
Auditing
answered on 17-Nov-24 18:31
If thw Evidence obtain is not relevant... Whether the auditor goes for additional audit procedures or changes the nature, timing and extent of audit procedures. Or either of the above depends upon on the professional judgement of auditor?
latest answer
Additional audit procedure and change in NTR of procedure actually means the same. When you change procedure, means u are performing additionally something, when u identify risk. Contracting evidences are indicator of risk where auditor revises his ROMM and plans FURTHER AUDIT PROCEDURES
07- Issac Jolly-XII C
CA Inter
★ 16K+
2
564
SPOM
Exams
answered on 22-Nov-24 15:18
Is it required to complete the SPOM modules and their test before the Final exam? Can we do it after the exam, before applying for membership
latest answer
As per Nov-24 notificaition it can be done after exams. The same might be applicable for May-25 exams as well. However, if you have time, we advise you to complete it earlier since it will help you in IBS
Irfanah Ilias
CA Final
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3
694
Confirmation request
Auditing
answered on 17-Nov-24 18:32
Who sends thw confirmation request?- it's prepared by auditor but sends by management right?
latest answer
Auditor obtains the list from the management. Designs the confirmation request and then sends to the external party. And they directly respond to the auditor.
07- Issac Jolly-XII C
CA Inter
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5
571
why cost of retained earnings is 16%
Financial Management
answered on 17-Nov-24 11:29
hello sir, while computing the additional cost of equity shares it is 18.25%, so, my assumption is the cost of retained earnings should also be 18.25( because there is no floatation cost). please clarify
latest answer
thank you sir 😁
Nagachaitanya Nomula
CA Final
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2
233