Forums
lease
Auditing
answered on 19-Apr-24 15:06
how is financial lease different from hire purchase ?in both cases lease charges or hire charges are close to value of asset,and at the end of the term,purchaser or lessee have option to purchase.
latest answer
A hire purchase is essentially a purchase agreement with payments made over time, whereas a finance lease is more like a rental agreement where the lessee uses the asset for a specific period. In hire purchase, purchase option is given at the inception . Beginning itself. Finance lease option will be given at the end of lease period
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
172
SA 530
Auditing
answered on 19-Apr-24 09:57
Mam what is difference between strata and clusters?
latest answer
Strata is in relation to a heterogenous population. Where population is divided into like stratum and then sample is picked from the sub group. (stratum) which is called as strata. Clusters is dividing entire population into small groups. Need not be heterogeneous. Once divided into groups, using random number table or any other method , clusters are selected. Then each items of the selected cluster undergoes detailed checking . They are two complete different methods under statistical sampling
lohith perumalla
CA Inter
★ 8K+
1
342
Doubt on the payment of interest difference
AFM
answered on 19-Apr-24 07:40
Sir, already lender will be in loss, 1.why he will pay back the interest difference to him? 2.if above question is wrong,then whether lender will receive back the ( P.V of interest difference which is paid on feb-1) on Apr-30 i.e 25000/- ?
latest answer
It is net cash settlement. Lender is in loss if he lends. Instead of lending and incurring a loss he pays the loss ie interest differential to borrower. Interest is usually paid at end of loan. Since he is paying interest at beginning of loan, he will pay PV of interest differential
Hanumanthu Rajesh
CA Final
★ 7K+
1
317
special features of diff entities audit
Auditing
answered on 19-Apr-24 07:43
for audit of hospital,is it necessary to learn the points in order?
latest answer
No. You can understand the framework and write points as you remember
SANSKRITI BADRI 2111339
CA Final
★ 4K+
1
174
Ind AS 20
Financial Reporting
answered on 24-Apr-24 14:23
Hello Sir, in this problem when we are recognizing the govt grant should we not recognize the deferred income in the first year as 60,000 irrespective of it being receivable in installments. So ideally the deferred income balance will be 60,000-21667 for the current year. Is this right sir?
latest answer
We may or may not receive grant in future. So entire 60,000 cannot be accounted.
Suresh Avinash
CA Final
★ 3K+
1
263
Depreciation
AFM
answered on 19-Apr-24 05:25
why havnt we considered the tax rate while adding back depreciation amount, ideally we should have considered the depn amt* tax rate (D*T) right?
latest answer
Page 3.2 formula 1 in the beginning https://resource.cdn.icai.org/74830bos60509-cp3.pdf When you compute PAT you have already subtracted depreciation to compute tax so you add back full Dep if you are computing EBIT (1-T) then you should add back Dep x T separately
Priyanka Udeshi
CFA L1
★ 14K+
1
394
Consolidated fS
Accountancy
answered on 21-Apr-24 19:18
How to treat preliminary expenses in the consolidated balance sheet.
latest answer
Write off.
Gayathri S Nambiar
CA Final
★ 2K+
1
465
Cost of capital
Financial Management
answered on 07-May-24 13:41
Hi guys, I have a doubt in below mentioned problem. Can anyone please clarify my doubt frnds In the calculation of cost pref and Deb how they find the discount rates for IRR method? And what's the need of the step at first arrow?
latest answer
Hi Ananthakumar, I have doubt regarding replacement decisions, if you don't have problem can you please text me and my contact number is 8310936150
Likhitha Sivani
CA Final
★ 14K+
5
355
Constant mix policy
AFM
answered on 19-Apr-24 05:26
ratio should be constantly in 50:50 (always) or investor's choice to decide ratio like 60:40 ?
latest answer
Investors Pref of 50 50 or 60 40 or what ever investor and advisor decide mutully
Hariharan S
CA Final
★ 5K+
1
208
Repo rate doubt
AFM
answered on 18-Apr-24 20:57
Is answer wrong on Interest calculation part as they Calculate interest accured on current market price ?
latest answer
Ha yes calculation error
Ravi Teja
CA Final
★ 20
2
411