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Not covering the topics lies in icai text book
Auditing
answered on 27-Aug-24 19:05
In chapter 3 risk assessment and internal control the topics component of internal control and each element of component of internal control doesn't explained in this fin app.
latest answer
It is covered in full. Check in SA 315
Jagadesh Viyyapu
CA Inter
★ 1K+
3
267
Why not Auditor
Auditing
answered on 27-Aug-24 19:06
Whenever the auditor will give opinion he should have independence. Except in standard on related services any type of engagement that the auditor entered must give opinion so independence is mandatory for all except for a mention SRS So In SRE,&SAE can we call practitioner as auditor also
latest answer
Audit is basically reasonable ( high level assurance) . In other engagements, limited assurance is given. We use the word Practictioner .
Surya Prakash
CA Final
★ 19K+
1
292
RCM
Indirect Taxation
answered on 28-Aug-24 09:00
In case, GTA services are provided to an unregistered CTP will it be taxable u/s 9(3) or not?
latest answer
It is exempt
Sagar Kathuria
CA Final
★ 3K+
4
286
Telbel Ltd Question
AFM
answered on 27-Aug-24 22:14
Sir why are we adding the NPV of the project in the TERP of the shares. I want to understand the logic behind it.
latest answer
Got it sir, thank you
Prasoon Goel
CA Final
★ 920
2
309
Speculation Business
Direct Taxation
answered on 29-Aug-24 19:07
Sir, ICAI Materials Speculation Business Concept video Not there please Upload sir
latest answer
It is covered in other topics. Kindly watch the whole content.
V Ajith Kumar
CA Inter
★ 2K+
1
320
How many nifty futures to be shorted in order to fully hedge your portfolio
AFM
answered on 27-Aug-24 10:38
Sir, please tell me in layman terms how many nifty contacts to be shorted
latest answer
(Portfolio value x portfolio beta) Nifty contracts to be hedged = ------------------------------------ (Nifty futures price x lot size x Nifty Beta) Goal is Beta of nifty x value of Nifty contracts portfolio should be equal to beta of portfolio x portfolio value Beta of Nifty x value of Nifty contracts portfolio = Beta of Nifty x nifty futures price x lot size x No of lots Beta of Nifty is 1
Santoshkumar Kalisetti
CA Final
★ 4K+
1
453
Cost Sheet - Past paper problems
Costing
answered on 27-Aug-24 11:33
Earnings per Man-shift: Is the formula in the screenshot correct? because they ask Earnings per man-shift, so I thought dividing the Profit by man-shift would be correct. Please clarify.
latest answer
Okay Got it. Thanks 👍
Nikil Karol
CA Inter
★ 115
6
462
ill3
AFM
answered on 26-Aug-24 21:40
sir why the exchange ratio is ulta 4 shares of A, 5 shares of B . if the MP value of A is more than B we shld take like this r anyother logic is there ?
latest answer
thank u sir . now clear
HEMAVATHYSUBRAMANI SUBRAMANI
CA Final
★ 3K+
2
293
44 AB
Direct Taxation
answered on 26-Aug-24 21:29
Sir, No 44AB lectures please Upload sir
latest answer
Will check and get them uploaded by end of this week maximum.
V Ajith Kumar
CA Inter
★ 2K+
1
308
Alternative 2 : Replace after a year
AFM
answered on 27-Aug-24 13:27
Sir, In alternative 2 , the investment of Rs.1,50,000 made at the end of year 1 so the PVF taken as 0.909 so the annual inflow generated from this investment of Rs.80,000 should be start from year 2 till year 4 so the PVF from year 2 till year 4 but in solution it is taken from year 1. in other way in year 1 old machine also giving the inflow that was taken as for PVF 0.909 assuming only new machine brought after selling the old one.
latest answer
Thanks Sir ✨
Prethivi Rajan
CA Final
★ 9K+
4
328