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Exams -3 times per year

Others

answered on 07-Apr-24 11:10

Is it finalized by ICAI to conduct CA foundation and inter exams thrice a year ?

latest answer

PLs wait for icai announcement - expectation is exams will be held in sep - you never know till they announce - pls prepare and write well for May 24 exams

Eswar Narayan

Eswar Narayan

CA Inter

5

3

364

Difference Between Residual value and Fair value

Financial Reporting

answered on 07-Apr-24 08:24

1.Sir u explained that Residual value is the Current market value of the Similar PPE after useful life. 2. If Fair value is more than Residual value we should take residual value - ind as 16 3. My question is what is the difference between Fair value and Residual value bcoz both are current market only sir?

latest answer

Understood , Thank you sir

Vijay Ramesh

Vijay Ramesh

CA Final

985

2

663

What does it mean by compounding of offence

Corporate & Other Laws

answered on 07-Apr-24 10:20

What happens when 2 offences for which 10000 each is the fine gets compounded?

latest answer

Compounding refers to the process where a person who has committed an offence agrees to pay a certain sum of money in exchange for avoiding legal prosecution or further legal action related to that offence.

Liz James

Liz James

CA Inter

2K+

1

334

Exemption

Others

answered on 08-Apr-24 17:29

Those who are attempting unit 2D for may-24 ,is there exemption if they score in either of sub i.e., audit or fm-sm

latest answer

Yes.

Sugam SM

Sugam SM

CA Final

9K+

2

335

What is prospective investor

Auditing

answered on 08-Apr-24 10:53

Prospective Investor means? In view if the auditing and investment

latest answer

Thank you Pradnya Mam..😊🙏🏻

GOKUL KOLATE

GOKUL KOLATE

CA Inter

1K+

2

988

Portfolio Replication method

AFM

answered on 06-Apr-24 20:16

Q1:Why are we considering the loan for the portfolio? And i couldn't able to understand, Q2:Why are we deducting ( present value of the 1/12 shares-C ) from the P. V of the 1/12 shares at Day-0 to arrive at the P. V of the call option. Could you please explain it sir?

latest answer

1 ) A portfolio can have any assets or liabilities. 2) If portfolio A's FV is same Portfolio B's FV, then both of their PVs should be same - we are following that approach to arrive at value of a call

Hanumanthu Rajesh

Hanumanthu Rajesh

CA Final

7K+

1

297

Journal entry

Accountancy

answered on 10-Apr-24 17:27

In previous video, the entry for debentures incorporation will written as To debt liability and in this video you wrote as 10% debentures. Which one is correct?

latest answer

OK. Thank you sir

sitaram kollepara

sitaram kollepara

CA Inter

2K+

7

211

Illustration 2 of consolidation

Accountancy

answered on 09-Apr-24 17:27

Why can't we take 100% of equity share capital as what we got in computation of cost of capital?

latest answer

100% in which context. Can you elaborate your doubt?

Aswathi Aji

Aswathi Aji

CA Inter

1K+

1

262

Illustration 5 i

Indirect Taxation

answered on 08-Apr-24 09:08

Catering services which is outsource Is also exempt But cafeteria service is not exempt which school outsource

latest answer

If it is not provided by School and provided by third party then it should be taxable.

T swathi

T swathi

CA Inter

1K+

1

196

Taxation of trust.

Direct Taxation

answered on 15-Apr-24 14:52

Sir, in the calculation of anonymous donations to be part of normal income, whether such TOTAL Donations include grant received from government?

latest answer

It is practically taken into account.

manideep martha

manideep martha

CA Final

10K+

3

348