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As to Ind AS

Financial Reporting

answered on 24-Apr-24 14:26

Is there any impact on deferred tax due to employee dues "Payroll area" while converting from AS to IND AS

latest answer

Yes

Gauri Shete

Gauri Shete

CA Final

5K+

1

278

Risk Mgmt - Value at Risk

AFM

answered on 17-Apr-24 15:36

Can somebody confirm the Z score should be taken for exam At 99% -2.33 At 95% -1.96 At 90% -.1.31 Because I found Two Z scores in two authors material @95% Z score ?

latest answer

two tailed 90% - 1.645 95% - 1.96 99% - 2.58 one tailed 90% - 1.28 95% - 1.645% 99% - 2.33% In ICAI problems we consider one tailed test as we look for probability of loss only so entire profit side of the curve is irrelevant so one tail is not required

M Naresh

M Naresh

CA Final

3K+

1

375

Start up finance

AFM

answered on 17-Apr-24 12:34

Sir what is the difference between these 2 questions

latest answer

One is innovative mode of financing and other is who are financiers

nazriya nasar

nazriya nasar

CA Final

7K+

1

299

SA 230

Auditing

answered on 17-Apr-24 19:33

Couldn’t find video for SA 230.Plz upload SA 230 video

latest answer

Let me check with team and revert back.

Snegha Anand

Snegha Anand

CA Inter

0

1

152

Securitization

AFM

answered on 17-Apr-24 12:35

If the originator goes Bankrupt , does preferential and other Creditors of originator have superior rights in Special purpose vehicle or SPV Is only available to Investors ?

latest answer

Concept of SPV itself is that the creditors of the company ( originator) no longer have a right on those assets. All assets belong to investors only

M Naresh

M Naresh

CA Final

3K+

1

271

about mock test for Inter

Accountancy

answered on 23-Apr-24 23:55

Sir, what is the cut off date for writing mock test for advanced accounting?

latest answer

it must not exceed 7 days before exam..:)

Jayamalini Baskaran

Jayamalini Baskaran

CA Inter

520

2

317

Doubt on TT Remittance & Exchange position.

AFM

answered on 17-Apr-24 14:22

Sir, In previous question i.e 77 . We didn't considered TT Remittance in Exchange position A/c but we are considering in this Question 1.what is the reason for considering in this question? 2.what is the relationship between Exchange position A/c and NOSTRO A/c? 3.Why is it impacts the NOSTRO A/c? 4.Where we will maintain the Exchange position A/c?

latest answer

Illustration 77 in video it is there. There was a printing mistake in book. Corrected in next cersion

Hanumanthu Rajesh

Hanumanthu Rajesh

CA Final

7K+

4

384

Security valuation - Equities

AFM

answered on 17-Apr-24 14:15

Sir, questions 39 and 28 are of similar type, in both the Q's the growth is stabilizing at end of year 7 hence we should calculate P7 using D8 and discount them all to arrive at the present value, but in 28 we have calculated D8 and found P8 using D9 though growth is stabilized at end of year 7.

latest answer

yes. try in excel and you will get same answer

Venky Balamurali

Venky Balamurali

Qualified CA

0

3

165

Doubt on Exchange position

AFM

answered on 17-Apr-24 10:22

1. Is exchange position a separate A/c ? 2.what is the mean of "opening balance Over brought" in this context?

latest answer

Ok sir tq

Hanumanthu Rajesh

Hanumanthu Rajesh

CA Final

7K+

2

343

illustration

AFM

answered on 17-Apr-24 10:15

i think multiply 10000 not by 100 can u check

latest answer

Once you take square root you need to multiply by 100 Variance needs to be multiplied by 10000 but SD 100 only for converting to %

Hariharan S

Hariharan S

CA Final

5K+

1

151