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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
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K sir
siddesh N
CA Inter
★ 4K+
2
310
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
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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
652
COUPON
AFM
answered on 01-Oct-24 06:14
As per the Question we are required to calculate NAV as on 01st JULY 2016. So, for the calculation of NAV ; we add Interest accrued. In this sum 3rd & 4th security we are not taking the Interest Accrued. why? because the Coupon date is 1 day (30th June) before the date of calculation of NAV (01st July).
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Yes. If coupon is just paid, nothing would be outstanding as int accrued
Mohanbabu N
CA Final
★ 3K+
1
282
Economics
CFA
answered on 07-Oct-24 13:10
Pls explain how to find a particular indicator as leading or lagging or coincident? Eg Inventory ro sales ratio Unemployment rate Rising residential building permits
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To figure out if an economic indicator is leading, lagging, or coincident, it's all about timing. when the indicator shows movement relative to the overall economy. Leading indicators are like a "heads-up" about where the economy might be headed. Ex: More building permits usually mean future construction, which signals growth ahead. This makes it a leading indicator because it gives early signs of economic movement. Lagging Indicators come after the economy has already shifted, kind of confirming that a trend has taken place. Ex: The unemployment rate doesn’t drop right when the economy starts improving, or rise the moment things slow down. It's a lagging indicator because it reacts after the economy has already moved. Coincident Indicators happen at the same time as economic changes, giving a snapshot of the current situation. Ex: Inventory to sales ratio shows how well businesses are balancing what they have in stock with what's being sold. It's a coincident indicator because it reflects the current state of the economy.
Dhakshana Dhakshana
CFA L2
★ 18K+
1
754
Salaries
Direct Taxation
answered on 04-Oct-24 19:00
Im not able to get these content in icai module pls mention pg no of icai module
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Kindly refer "Income from Salaries" under Heads of Income.
Madhav Agarwal
CA Inter
★ 14K+
3
597
allocation
Financial Reporting
answered on 03-Oct-24 14:58
sir why we allocate ( balance impairment loss of 100000) first to plant and machinery
latest answer
Impairment allocable to plant and machinery is 62,500. But since Recoverable amount is 50,000 hence we charged maximum impairment i.e 50,000 to P&M. Alternatively what you can do is, allocate 1,00,000 of impairment to P&M, Electric equipment & Patents. Then extra impairment of 12500 from P&M, you can reallocate to electric equipment and patents.
Suman Hs
CA Final
★ 2K+
1
298
Audit
Auditing
answered on 05-Oct-24 09:00
When I need to do audit for trust
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Trust are required to get their accounts audited depending upon laws governing them. Example - charitable trust wil require under income tax act, If they are accepting foreign contributions, then under FCRA, if they are registered under respective state laws, then the law would require them to get accounts audited.
Sruthi sruthi
CA Final
★ 640
3
705
ECONOMICS
CFA
answered on 07-Oct-24 13:12
Firm increases its plant size by 10% and minimum average total cost increases by 10%. The firm is experiencing this A economy of scale B constant return to scale C diseconomies of scale the ans is c pls explain why .
latest answer
To figure out if an economic indicator is leading, lagging, or coincident, it's all about timing. when the indicator shows movement relative to the overall economy. Leading indicators are like a "heads-up" about where the economy might be headed. Ex: More building permits usually mean future construction, which signals growth ahead. This makes it a leading indicator because it gives early signs of economic movement. Lagging Indicators come after the economy has already shifted, kind of confirming that a trend has taken place. Ex: The unemployment rate doesn’t drop right when the economy starts improving, or rise the moment things slow down. It's a lagging indicator because it reacts after the economy has already moved. Coincident Indicators happen at the same time as economic changes, giving a snapshot of the current situation. Ex: Inventory to sales ratio shows how well businesses are balancing what they have in stock with what's being sold. It's a coincident indicator because it reflects the current state of the economy.
Dhakshana Dhakshana
CFA L2
★ 18K+
6
897
FI
CFA
answered on 30-Sep-24 13:54
Pls explain sinking fund provision in bond
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Sinking fund
Dhakshana Dhakshana
CFA L2
★ 18K+
2
730
Article ship
Others
answered on 30-Sep-24 15:54
Can I change my article ship after completion of 1 year
latest answer
Principal as well as ICAI.
Sruthi sruthi
CA Final
★ 640
4
838