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reason for increase in shareholders equity
Financial Reporting
answered on 01-May-26 21:02
sir why the shareholders's equity increased in the question
latest answer
Due to profits
Balamurugan V
CA Final
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1
77
Depreciation for replaced components follows it's individual useful life or remaining useful life of existing machinery?
Accountancy
answered on 08-May-26 10:17
If, The new turbine which costs 450 has a useful life of 10 years. But the remainder components has Remaining life of 4 years. Whether we need to depreciate the new turbine cost for 10yrs or 4yrs? As per depreciation on addition/extension to existing PPE, we check if the addition/extension can be used independently or not, and has seperate identity.? And compute the depreciate accordingly. Should I apply this criteria for the new turbine? [Video Time Stamp: 08:36]
latest answer
Ok sir thank you
Geeta B
CA Inter
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2
96
Depreciation
Financial Reporting
answered on 01-May-26 21:03
For assests based IND AS, when there is a change in accounting estimate at end like remaining period, or revalued amount or anything that will result in new depreciation amount we will consider such effect from next year depreciation right? But in other standards when depreciation comes like in 20 PPE when carrying amount changed due to refund eg end of 24-25, change depreciation estimate was taken by icai like from that year itself So there like an approach or standard assumption to this or can we follow ?
latest answer
Generally we compute depreciation as per old estimate till the date of change. In questions based on production units - we will consider change from the year in which the change happened. Also ICAI is not consistent with approach in questions
Harshitha Kalidindi
CA Final
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1
104
Cost of Captital
Financial Management
answered on 29-Apr-26 07:50
In case of issue of equity shares also Net proceeds concept of cost of debt that is if it's existing issue take MP/FV and if it's new issue take IP is applicable to calculate p(0)?
latest answer
Ke is computed using CAPM If not available then methods suggested by you
Karnakanti Meghana
CA Inter
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1
135
Exam related doubts -MCQ
Exams
answered on 29-Apr-26 10:14
Hi sir, So we get the MCQ BOOKLET IN FIRST 15 MIN? i have initially planned to mcq in that first 15 min along with forst 15 min of 3 hours but had a doubt if they actually hand it out
latest answer
Yes we used to get the MCQ booklet within 15 minutes.
Harshitha Kalidindi
CA Final
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3
106
SET A SPOM Exam
Corporate & Other Laws
answered on 06-May-26 09:57
I had watched the set A video and I booked the exam in May whether I need to watch the video again or not?
latest answer
pls raise a helpdesk request with ICAI
JEEVA JOTHI
CA Final
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1
99
AS
Accountancy
answered on 30-Apr-26 09:50
what accouting policies company must follow is that upto the company or it iis governed by law? [Video Time Stamp: 06:10]
latest answer
Accounting policies are not fully up to the company they must comply with laws and standards like Companies Act 2013 and Indian Accounting Standards (Ind AS). Within that framework, management has limited discretion to choose policies (e.g., depreciation method), but they must be consistent, reasonable, and properly disclosed.
vidya Shah
CA Inter
★ 0
1
102
provision and contingent liability
Accountancy
answered on 04-May-26 11:37
difference between provision and liabilities. can u also give one exp of Cat 1 and 2 contingent liabilities [Video Time Stamp: 05:51]
latest answer
Also if the probability of obligation/payment is >50% - we record it in the books as a provision. If amount cannot be measured, it is a contingent liability. If probability is upto 50%, its a contingent liability.
vidya Shah
CA Inter
★ 0
2
88
capital vs revenue expenditute
Accountancy
answered on 30-Apr-26 09:55
in the exqmple given - legal fees incurred will it not be treated as a loss? [Video Time Stamp: 06:41]
latest answer
It is not a loss. It will shown as revenue expendiature in the P&L A/c
vidya Shah
CA Inter
★ 0
1
109
Call option
AFM
answered on 28-Apr-26 18:29
Sir, it is mentioned in the question that 'a call option has been entered into by Arnav for delivery of share of X Ltd. at Rs. 460', does it mean that he will be delivering share at maturity and can we interpret it as a sell call option. [Video Time Stamp: 05:00]
latest answer
It has to be read along with last like any break even If u sell a call u r not really bothered abt break even
SANJITHA
CA Final
★ 1K+
1
99