Forums
AS5
Accountancy
answered on 06-Aug-24 07:41
If it's not a change in accounting policy then what will be classified as? Illustration 4 (Part i)
latest answer
Adhoc means there was no scheme or accounting policy, Here they have introduced new policies, it is not change in accounting policies, You can answer stating change in accounting policy definition, and conclude that it is introduction of new accounting policy and it cant be treated as change in accounting policy
Sagar Kathuria
CA Final
★ 3K+
1
367
AS 16
Accountancy
answered on 06-Aug-24 09:15
Why it's option b. Reason or method
latest answer
Cost = 52000 (cost + capitalised borrowing cost , 40000 + 12000) Nrv = 45000 We should always acc cost or nrv whichever is lower in this case the nrv is lower 45k but the ceiling limit amt is 45k which is nrv, so the cost + borrowing cost should be 45k we already have 40k as cost. So the excess 45k - 40k = 5k will be the borrowing cost
Lucky Ten
CA Inter
★ 0
3
449
Matrix pricing
CFA
answered on 05-Aug-24 17:10
Please explain the step 2 interpolating
latest answer
It is just average 5 year bond is at 5.2% 2 year Bond is at 4.3% for increase in tenure by 3 years, the YTM wend up by 0.9% ( 4.3-5.2) For a 3 year bon i.e increase in tenure by 1 year, YTM will go up by 0.9% /3 = 0.3% YTM for 1 3 year bond will be 4.6%
Dhakshana Dhakshana
CFA L2
★ 18K+
1
365
Dividend decision
Financial Management
answered on 06-Aug-24 10:50
Solve 15 and send ans................................
latest answer
Thanks 🤝
Nadeem Neymar
CA Inter
★ 250
2
346
Discontinuance of Equity method
Financial Reporting
answered on 06-Aug-24 16:25
When associate becomes Subsidiary, difference between FV and Carrying amount is recognized in P&L. How will it be recognized? Through Goodwill or will Carrying amount be increased to FV?
latest answer
Dr. Investment Cr. P&L
Durai Murugan
CA Final
★ 470
1
438
Form 103
Others
answered on 12-Sep-24 11:38
Should we send form 103 to the ICAI?
latest answer
If approved and status updated in SSP portal nothing else is to be done.
Angel Maria Varghese
CA Final
★ 9K+
5
1K+
Internal reconstruction
Accountancy
answered on 06-Aug-24 20:36
The balance of capital reduction is 907500. It should we used to write off loss and remaining to capital reserve right . Then why ,in the below sum .. some other amount is there. Kindly check and pls let me know
latest answer
Ohhh ok
Deborah Susaiyappan
CA Inter
★ 8K+
3
335
Limited liability partnership
Corporate & Other Laws
answered on 05-Aug-24 15:34
Mam, for change in name or address of LLP partner is it 15 or 30 days
latest answer
Thank you Mam
Charanraj Anandh
CA Inter
★ 650
2
321
Suggested answer may 2024
Others
answered on 05-Aug-24 19:22
Where can I find the suggested answers for may 2024 exams?
latest answer
Yeah but they haven't uploaded the ones for May 2024 exams
Sujitha M
CA Inter
★ 1K+
3
804
Misstatement in prospectus
Corporate & Other Laws
answered on 05-Aug-24 14:14
'Loss from misstatement is not essential to held a person guilty under section 34.' As per this statement, Can we held a person liable for punishment under section 447 for authorizing the issue of a misleading prospectus eventhough such misstatement in prospectus does not cause any loss to the investor?
latest answer
Loss my misstatement is not essential to be held liable under section 34
Nisha M
CA Final
★ 2K+
1
319