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conditional and joint probability

CFA

answered on 26-Jun-24 12:15

can you please tell where is this topic in the CFA material, I can only find conditional expectations and expected values in the text

latest answer

this is a pre read required for you to understand next topic / video on conditional expectations and expected value. For this video, Missed prefixing the video name with words "Pre- read" Thanks for highlighting - did that

Kaarthick Abishek

CFA L1

0

1

257

MRL

Auditing

answered on 25-Jun-24 21:11

Can we also obtain MRL for items where Misstatements were found but were not material. It was actually the case in audit conducted by our firm.

latest answer

Yes MRL can be obtained as corroborative audit evidence as per auditors professional judgement. As per SA 450, we document about these matters that remain uncorrected. As a supporting evidence, he can take MRL .

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

1

320

Council general guidelines,ch 9

Auditing

answered on 26-Jun-24 11:51

Management consultancy fees paid by gmc govt co is 1 cr and stat audit fees also 1cr Can the same CA in practice give both service

latest answer

Ok maam understood

R Yashwanth Kumar

R Yashwanth Kumar

CA Final

87K+

3

328

Overhead chapter

Costing

answered on 01-Jul-24 17:24

What does this question mean? Illustration 2 Part d Can someone explain that part please

latest answer

At what production level in % terms or in unit terms will OH recovery rate of 15 exactly recover the full overhead without any loss or gain

Ramya Navanitham

Ramya Navanitham

CA Final

75

1

287

Salary Income - From Foreign Company by ROR - Which ITR shall we consider?

Direct Taxation

answered on 26-Jun-24 09:08

Income earned by an Ordinary Resident from a Foreign Company - Assessee wants to file his ITR return. Which ITR and where can we report his salary income?

latest answer

Ordinary residents earning foreign income should use ITR Form 2. Report the foreign salary income in Schedule FSI of ITR Form 2.

NY Law

NY Law

CA Inter

0

1

418

Indirect tax

Accountancy

answered on 26-Jun-24 11:47

Why is it that the dealer cannot charge CST against CST if he does not charge ED?

latest answer

Different states were involved. So set off was not allowed.

Devika Venu

Devika Venu

CA Foundation

5

1

333

FSA

CFA

answered on 25-Jun-24 17:23

Tax expenses is 1.2L and Tax payable is 80k now DTL is 40k but how ? If there is DTL that means we have an obligation to pay tax in future right?but in this scenario our tax exp is grater then the tax payable than why DTL of 40k?shouldn't it be DTA of 40k

latest answer

Yes. AS 22 same concept

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

3

292

Indigo Learn MTP

Exams

answered on 25-Jun-24 17:17

Sir I purchased Nov24 courses will I get IL's MTP ??

latest answer

Yes

Surya Prakash

Surya Prakash

CA Final

19K+

1

346

Sec -211 Establishment of serious fraud investigation office

Corporate & Other Laws

answered on 26-Jun-24 09:09

This establishment of serious fraud investigation office is company wise or Govt will form wise??

latest answer

As per the Companies Act, 2013, Serious Fraud Investigation Office (SFIO) has been established through the Government of India

Surya Prakash

Surya Prakash

CA Final

19K+

1

365

Management does not amend the FS

Auditing

answered on 25-Jun-24 21:12

If Management does not amend then instead of only requesting management for not issuing the report, can we also communicate with TCWG.

latest answer

Here, management is taken in broader sense to include TCWG. So yes u can communicate to them and finally decide your course of action

Hrishikesh Pradhan

Hrishikesh Pradhan

CA Final

18K+

2

303