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Government Grants

Accountancy

answered on 30-Apr-24 10:47

We will deduct the residual value from the assets for calculation of depreciation but during refund of grants in respect of depreciation calculation whether we deduct the residual value from assets again ?

latest answer

Thank you

Jashvanth.K

Jashvanth.K

CA Inter

11K+

2

280

Audio of the class

AFM

answered on 30-Apr-24 08:46

in security valuation - bonds from 20th video onwards once check and also in current video 7.09 minute onwards voice became low and it happened in previous chapters too

latest answer

Will get it checked. Thanks

Sindhu Pullela

Sindhu Pullela

CA Final

0

1

187

Audio of the Classes

AFM

answered on 30-Apr-24 07:03

Audio of the classes became challenging to listen because for for every video levels, tones of the audio were going up and down some times in the same video voice goes up and down. Please stabilise the audio quality and maintain same level of sound system throughout the entire videos.

latest answer

We were not aware of this till now. No one had highlighted it. Thanks for highlighting. Pls let us which all videos need to be adjusted and we shall do so

Sindhu Pullela

Sindhu Pullela

CA Final

0

1

288

AS 7

Accountancy

answered on 30-Apr-24 16:22

Sir, what are the correct answers for MCQ 2, 4, 5 and 6 qn 2: 30+(120-112) = 38 Lakhs ? Please explain Qn 4, 5, and 6 Sir

latest answer

You're welcome.

Dhivyaa Latha

Dhivyaa Latha

CA Inter

4K+

11

374

Share-Based Payment

Financial Reporting

answered on 30-Apr-24 16:11

Sir, a share-based payment is one wherein a third party receives 1. cash or other asset for amounts based on share prices; or 2. equity instruments of the entity. If an entity purchases goods from a third party for Rs. 1 lac and issues shares in respect of the same, will it be considered a share-based payment since it satisfies the second condition? In the lecture it was explained that if the amounts are not based on the share prices then it's not a share-based payment. In this case also, the amount is not based on the share prices, but on the prices of goods in the contract.

latest answer

If the settlement is to be made in shares, it would be covered under share-based payment transaction. So purchase of PPE and issuing shares for same would form part of share based payment transaction. There is some missing link in lecture. I will review and update this. Thanks a lot for highlighting.

Vignesh Panigrahi

Vignesh Panigrahi

CA Final

1K+

1

220

Gains on Derecognition

Financial Reporting

answered on 30-Apr-24 19:38

Gains on Derecognition Should not be taken as revenue- As So Where will Gains on Derecognition will be accounted? Entry for gains on Derecognition sir

latest answer

Yea

Vijay Ramesh

Vijay Ramesh

CA Final

985

3

363

Investment Accounts

Accountancy

answered on 30-Apr-24 16:41

In study material question related to cum interest is not provided. Should we practice question from old study material?

latest answer

Okay Sir

Soon to be CA

Soon to be CA

CA Inter

4K+

4

322

Pro rata basis shares question

Accountancy

answered on 12-May-24 08:29

Pls solve me this question Related to shares

latest answer

Hope this helps.

Varun Chalotra

Varun Chalotra

CA Inter

600

2

445

EPS

Financial Reporting

answered on 30-Apr-24 17:09

Sir, in Q 20 isn’t the saving in interest calculated of Rs. 10289.83 comprises some portion attributable to NCI as well should we not split that in calculating the DEPS

latest answer

The information on debentures etc is given about parent not NCI.

Venky Balamurali

Venky Balamurali

Qualified CA

0

1

176

Buyback

Accountancy

answered on 30-Apr-24 16:44

Whether we have to consider preference share capital in resources test Or not?

latest answer

yes.

Atharv Sankliya

Atharv Sankliya

CA Final

3K+

2

300