Forums
Sharpe index model
AFM
answered on 26-Mar-24 11:11
Is this video link to the previous video?, and at the start of this video, there are some concepts which are not yet taught but we are directed to that topic.could you please say the video related to the previous topic?
latest answer
Sorry for inconvenience - order of videos got mixed up as we were adding a new spreadsheet - thanks for highlighting - appreciate the same - we have fixed it
Hanumanthu Rajesh
CA Final
★ 7K+
1
215
Preferred Material for Studying, Preparation and Watching Classes
Auditing
answered on 28-Mar-24 09:29
In this video, Audit of Share Capital, the contents in the pdf used by Audit Mam are entirely different from the pdf I have downloaded from the free resources section. Please clarify that which material to prefer for preparation of Exams, as I am appearing for the May-24 Examination.
latest answer
You can use. P5 Auditing and ethics
NIKIL KAROL
CA Inter
★ 0
3
204
Illustration 1of branch
Accountancy
answered on 28-Mar-24 15:26
How do we get 25,000 closing stock how did 10k and 15k come??
latest answer
Given in the question Stock - Direct purchase - 10,000 Transfer from HO -15000
Nilesh Malviya
CA Inter
★ 655
1
306
Registration
Indirect Taxation
answered on 30-Mar-24 20:28
Anyone please clarify Does aggregate turnover includes RCM or not?Will it come in compulsory registration or person not liable for registration?
latest answer
Inward supplies liable to RCM will not be included in aggregate turnover. However, person liable to pay tax under RCM is required to get compulsorily registered.
Lavi Lavanya
CA Inter
★ 6K+
2
307
As 16
Accountancy
answered on 26-Mar-24 09:44
Sir Why we r solving I'll 6 and 9 in different methods In book some other method is given and in ill6 final ans differs kindly reply as soon as possible
latest answer
Will share the approach for exams in a video
nive krish
CA Inter
★ 255
1
236
Ind AS 16
Financial Reporting
answered on 28-Mar-24 17:05
Sir, I am aware that if at all there is a change in depreciation method from WDV to SLM method we are supposed to give a prospective change in accounting estimate which is mentioned by the Standards. But what is the underlying logic of prospective change?
latest answer
Generally change in method of depreciation is due to change in estimated pattern of usage of PPE. Also it includes both components of accounting policy and estimate and it is difficult to distinguish between both. Hence treated as estimate.
Shreyas Nayak
CA Final
★ 0
1
259
Derivatives -Futures clarification
AFM
answered on 25-Mar-24 22:03
Sir I take a long position in the future . After the Expiry do I need to take a short position again . Can't we take delivery ? I didn't understand the two lines above
latest answer
If its a stock future you can take delivery on expiry. If its an index future, you cannot take delivery and you need to take short position to close it.
M Naresh
CA Final
★ 3K+
1
268
Normal Loss under Income From Other Sources - Carry Forward Period
Direct Taxation
answered on 01-Apr-24 11:48
Hi sir, hope you're well. Under Income From Other Sources, carry forward period for owning and maintain racehorses is up to 4 AYs. Loss from casual income can't be setoff/ carried forward. What is the carry forward period for normal loss in this head please? Thanks
latest answer
Loss from other sources cannot be carried forward.
Devaprasad Jothimani
CA Inter
★ 0
2
370
Cost of capital
Financial Management
answered on 27-Mar-24 10:41
Question 1.: The Capital structure of PQR Ltd. is as follows: (₹) 10% Debenture 3,00,000 12% Preference Shares 2,50,000 Equity Share (face value ₹ 10 per share) 5,00,000 10,50,000 Additional Information: (i) ₹ 100 per debenture redeemable at par has 2% floatation cost & 10 years of maturity. The market price per de- benture is ₹ 110. (ii) ₹ 100 per preference share redeemable at par has 3% floatation cost & 10 years of maturity. The market price per preference share is ₹ 108. (iii) Equity share has ₹ 4 floatation cost and market price per share of ₹ 25. The next year expected dividend is ₹ 2 per share with annual growth of 5%. The firm has a practice of paying all earnings in the form of dividends. (iv) Corporate Income Tax rate is 30%. Required: Calculate Weighted Average Cost of Capital (WACC) using market value weights.
latest answer
What is your solution
Aaditya Sanjay jha
CMA Inter
★ 0
1
1K+
Registration
Indirect Taxation
answered on 30-Mar-24 20:36
If a person is engaged in money lending services and gets interest income of Rs.9 lakhs and supplying goods and gets a turnover of Rs.18 lakhs in Uttarakhand Is registration required?
latest answer
Welcome.
Lavi Lavanya
CA Inter
★ 6K+
8
369