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sec 143 (3)
Auditing
answered on 26-Aug-24 11:36
what was the auditors comments if he has modified opinion in the financial statements
latest answer
Reasons why he has given modified opinion
Satya Reddy
CMA Final
★ 1K+
1
215
Ch 4
Strategic Management
answered on 27-Aug-24 12:34
A beverage company has more than 500 soft drink brands, but none of them is anywhere close to its premium brand One Sip in awareness, revenue and profits. As per BCG's Matrix, One Sip brand for the beverage company is? (a) Star (b) Dog (c) Cash cow and why?
latest answer
(c) Cash cow. This is because "One Sip" is generating significant revenue and profits in a market where it holds a dominant position, likely in a mature or slow-growing industry.
Sukriti Gupta
CA Inter
★ 590
3
308
As 28 Impairment
Accountancy
answered on 27-Aug-24 12:42
In this question is it mandatory to show amortization of goodwill separately or is it okay to show in a consolidated manner?
latest answer
Separately
Niveta Rajkumar
CA Inter
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285
Impairment As 28
Accountancy
answered on 27-Aug-24 12:38
Generally on what value should we do reversal of impairment??
latest answer
As per Accounting Standard (AS) 28, "Impairment of Assets," a reversal of an impairment loss is recognized if there has been a change in the estimates used to determine the recoverable amount of the asset since the last impairment loss was recognized. Reversal cannot exceed the carrying amount of the asset that would have been determined had no impairment loss been recognized in the past.
Niveta Rajkumar
CA Inter
★ 6K+
3
337
AS 11
Accountancy
answered on 27-Aug-24 13:16
Can anyone send solution of this problem?
latest answer
Thanks, it is clear now
Mainak Chakraborty
CA Inter
★ 0
3
232
IND AS 19- Illustration 8
Financial Reporting
answered on 24-Aug-24 16:40
Bonus accrued in Current FY was paid in subsequent year, So the bonus accrued in Current year was only for 329 employees not for 21 employees as they will resign in next year. Amount of bonus for 20X1-20X2 (CY) paid in June 20X2 represents Rs .1,25,000 per employee. The Provision for Bonus accrued for20X1-20X2(CY) has to be (329 x 1,25,000=4,11,25,000). The Bonus rate increased by 8.5% for 20X2-20X3 which means the 8.5% will be applicable for employees work for the whole FY of (20X2-20X3). Doubt: Why the Bonus amount per employee for 20X1-20X2(CY) Increased by 8.5%, where in the question it has been clearly given that 8.5% increment was pertain to employees work for next FY 20X2-20X3.
latest answer
Doubt Clarified .
Shinisha Rose R
CA Final
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216
Quorum
Corporate & Other Laws
answered on 24-Aug-24 15:23
will the minimum quorum required in adjourned meeting will be the same if the meeting was adjourned due to other reason (like documents were not prepared but the required conditions of quorum were met )
latest answer
Understood; Thank you mam
Nagachaitanya Nomula
CA Final
★ 8K+
2
189
Uniform call of share of specific class
Corporate & Other Laws
answered on 24-Aug-24 11:48
Diff amount paid up means diff class of share In illustration qsn Since shareholder paid diff amount hence belong to 1 separate class ? And since diff class so can make uniform calls ? Then why is call made invalid ?
latest answer
From the details in the question we cannot tell if there are other shareholders having same paid up on the shares or not. Its possible that there are other also who have not paid the third call. So all such shareholders should be called to pay the full value of shares as per law. Only he cannot be asked to pay.
Sushmita Chowdhury
CA Inter
★ 2K+
1
232
Security Valuation
AFM
answered on 23-Aug-24 20:35
Sir, Is the contents in your videos for Security valuation as per old SFM syllabus. Since I checked my TB and found this a small chapter
latest answer
In almost all chapters, I have more questions than what are there in SM. I have covered RTPs, MTPS, Past Papers, Practice Manual, SM and some from CFA Institute and elsewhere also. That is how we got to 600+ questions & Answers :)
R M
ACCA Professional
★ 4K+
3
228
Sh certificate sign
Corporate & Other Laws
answered on 23-Aug-24 13:52
Share certificate can be signed by 2 Director Even if both are not MD or WTD Wrt pt2
latest answer
Yes
Sushmita Chowdhury
CA Inter
★ 2K+
1
197