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Last illustration
Financial Reporting
answered on 10-Apr-24 16:24
Pls clarify if the specialised consumables are manufactured by the entity only, or manufactured ONLY BY THE ENTITY. Because in the second case, it will not be readily available by other third parties and customer has to rely on this entity only for the consumables. So it will be treated as a single obligation right?
latest answer
Is manufactured by the entity itself.
Dhvaritha Ravishankar
CA Final
★ 7K+
1
142
Clause 4 of Part 1 of Schedule 2
Auditing
answered on 04-Apr-24 12:15
Are the concept of substantial interest of the CA only related to companies or related to other constitutions like sole proprietor, firm, HUF... also ? If it is related to other constitution also, then a CA who is having substantial interest should not sign in those FS, certificates... The think that I'm having is correct ?
latest answer
Sole proprietor there is no question, firm he can have n HUF he can be a member. But audit cannot be conducted. Threat to independence exists
Sathiyanarayanan P
CA Final
★ 7K+
1
322
Car license Illustration
Financial Reporting
answered on 10-Apr-24 16:26
Customer can obtain license and seperately manufacture cars also. He need to rely on C Ltd for manufacture. Why is it treated as a single performance obligation?
latest answer
Its a specific tech and may not be available with the customer.
Dhvaritha Ravishankar
CA Final
★ 7K+
1
169
Derivatives Revision
AFM
answered on 04-Apr-24 11:49
Sir in derivatives revision chapter (2 hrs 33 minutes video) of AFM free courses module, you had said that if margin account closing balance falls short of maintenance margin, it must be restored upto initial margin But sir you had told that initial margin is only margin paid initially as per contract and its a one time payment, and maintenance margin is to be kept regularly as minimum balance/margin Then it means we should restore upto maintenance margin, not initial margin as initial margin is just basically an initial deposit but maintenance margin is minimum balance to be maintained regularly. But why top up is made upto initial margin and not maintenance margin?
latest answer
Yes
Rohit Ramesh
CA Final
★ 0
3
308
Unsolved sums
Financial Management
answered on 30-Apr-24 12:14
Sir there is no solution video for these questions from dividend chapter sir
latest answer
The Videos have been recorded - thanks for highlighting
SHARINIDHA KS
CA Final
★ 2K+
3
182
All Chapters
Auditing
answered on 04-Apr-24 12:50
Can we get hand written notes for all the chapters or on SA alone. Is that a possibility.
latest answer
Regret We do not have handwritten notes - only Printed notes hard copy / soft copy are available
Parithi Ravichandran
CA Inter
★ 4K+
1
226
Incorporation of company
Corporate & Other Laws
answered on 04-Apr-24 13:04
What will be the answer and why?
latest answer
Sec 3 Member of OPC shall be Indian Citizen. He may or may not be resident in PFY Solution: (d)
Mainak Chakraborty
CA Inter
★ 0
3
380
FEMA
Corporate & Other Laws
answered on 04-Apr-24 16:31
"Person of Indian origin with us citizenship" Without providing any further details on the question Can we decide whether such person is a PRII or PROI ?
latest answer
Such a person will be considered as a person of Indian Origin however, determining whether he is a PRII or PROI will require further information.
Sai Akash rockster
CA Inter
★ 5
1
304
content of engagement letter
Auditing
answered on 03-Apr-24 20:54
hiii mam... is it okay for issuing the El by the co to the auditors ? auditor should issue right ? please clarify this mam
latest answer
Its always the auditor whose prepares the EL and gets the same agreed by Mgt. SAs are always a responsibility on auditor. Mgt give appointment letter and auditor EL
Bhanu Shankar
CA Inter
★ 590
1
230
EARNING BEFORE TAX CALCULATION AT THE END
Financial Management
answered on 11-Apr-24 15:40
HOW CONTRIBUTION IS 60 X 5000 IN QUESTION ITS GIVEN 1000 UNITS ONLY
latest answer
This correction is made and revised file will uploaded by tonight
Ranjith G
CA Inter
★ 510
2
333