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Same repetative video
Accountancy
answered on 28-Mar-24 13:01
Same sum as I'll 8 sir tis RTP kindly check to it
latest answer
Will check and let you know.
nive krish
CA Inter
★ 255
1
282
Balance sheet Difference
Accountancy
answered on 28-Mar-24 13:08
There is differences in both HO & BO of 10,404
latest answer
You need to check the total level of HO+BO
Sreeka Sreenivasan
CA Inter
★ 240
1
172
Ind AS 21 accounting for foreign exchange transaction
Financial Reporting
answered on 28-Mar-24 13:04
Page 10.102 Question 3 Infotech Global Ltd has functional currency (Old Study material) financial reporting Ind AS 21 Closing rate is taken to convert PPE to L$. Question 5 On 1st January 2018, P ltd purchased a machine opening rate take for conversion. I am not able to understand the difference between the two problems
latest answer
Foreign Currency Translation: Foreign currency translation involves converting the financial statements of a foreign subsidiary from its local currency to the reporting currency of the parent company (in this case, INR). This process is necessary when the parent company presents consolidated financial statements that include its foreign subsidiaries. Suppose XYZ Pvt. Ltd. has a subsidiary in the US, and the subsidiary's financial statements are denominated in USD. At the end of the reporting period, the subsidiary's balance sheet shows assets worth $100,000 and liabilities worth $50,000. If the exchange rate at the end of the reporting period is 1 USD = 80 INR, then: Assets: 8,000,000 INR (100,000 USD * 80 INR/USD) Liabilities: 4,000,000 INR (50,000 USD * 80 INR/USD)
swaminathan sundaram
CA Final
★ 110
3
743
Mutual Fund
AFM
answered on 27-Mar-24 19:47
Hello Sir, In this problem, I have solved in this manner. Final Answer is same but the cash balance did not match. Is this still correct or will marks be deducted for this?
latest answer
Oh okay sir, thank you so much
Susee Arunachalam
Qualified CA
★ 26K+
2
281
conducting exams thrice a year
Exams
answered on 28-Mar-24 16:23
when we can expect official announcement about conducting exams thrice a year
latest answer
thank you sir
Vidyakrishna vidyakrishna
CA Inter
★ 1K+
6
396
AS 13
Accountancy
answered on 28-Mar-24 07:52
In the newly implemented portion , ex and cum interests are included or not?
latest answer
Included
Divinne Fiona
CA Inter
★ 9K+
1
251
order
Direct Taxation
answered on 01-Apr-24 11:45
Can i watch capital gains, ifos videos first instead of pgbp (No knowledge on pgbp )
latest answer
Yes you can.
Sri ram Pothineni
CA Inter
★ 11K+
3
363
Abandonment option
AFM
answered on 27-Mar-24 16:55
Sir in qn 26 in illustration compiler how to arrive the vale of R? (Pg. No 336 - Derivatives options)
latest answer
Missed adding it in compiler. will correct- it is data supposed to be given in the question
VISAAGAN R
CA Final
★ 940
1
274
Consolidated financial statements
Accountancy
answered on 28-Mar-24 14:05
If a company has only Associates and no subsidiary companies then is it required to prepare consolidated financial statements? Or to prepare consolidated financial statements having a subsidiary is prime criteria.
latest answer
If only associates then consolidated FS is not required.
SUBODH M JAIN
CA Final
★ 2K+
1
284
Mutual funds query
AFM
answered on 27-Mar-24 12:58
Hello, In the above sum, absolute return over 5 years is 52.78% and yearly is 52.78 divided by 5 years i.e. 10.56% I wanted to know how do we calculate annualized return including the effect of compounding.
latest answer
(1+52.78) power (1/5) - 1 use calculator trick to find out
Lalit Sanpal
CA Final
★ 6K+
1
349