Forums
Investment
Financial Management
answered on 06-May-24 20:08
Why sale of old machine is taken net of taxes.please clarify sir
latest answer
Okk thank you
Ramya Telikicherla
CA Final
★ 6K+
4
366
Investments
Financial Management
answered on 07-May-24 20:19
Please clarify this sir.this is mtp 1 sir .here they computed short term capital loss.but practical questions 10 and 11 of ICAI is also same model.But there they didnt compute stcg or stcl.if in question didn't mentioned anything about capital gain tax should we compute it or not
latest answer
OK sir thank you
Ramya Telikicherla
CA Final
★ 6K+
10
394
Mentorship program
Others
answered on 05-May-24 23:04
Is mentorship program free for who buy your course?
latest answer
PLs go to my courses tab and check in mentorship course for instructions
Ajaykumar Parit
CA Inter
★ 815
3
429
Marginal costing
Costing
answered on 09-Jun-24 14:33
What's the treatment of trade discount
latest answer
Yes 👍
jasmin ameena
CMA Inter
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12
506
FCFF
AFM
answered on 03-May-24 13:23
Why Interest is added back? Interest is non operating exp and we are taking cash flow from operations as a base, to calculate FCFF.
latest answer
Yes sir. As per US GAAP interest is operating but under IFRS IAS 7/Ind AS 7 , this is financing expense.
Mansha Tutlani
CA Final
★ 555
2
546
Investments
Financial Management
answered on 06-May-24 20:19
This is may 24 RTp.here in the solution stcg is nil.what should be the treatment if stcg or stcl arrises
latest answer
Ok sir.thank you
Ramya Telikicherla
CA Final
★ 6K+
4
403
Buy back equations
Accountancy
answered on 03-May-24 11:08
From reserves of ₹45 L we deduct crr amount and amount used for buyback. Here buy back price is ₹30 it means it includes ₹10 face value per share. So that remaining ₹20 per share is needed. Am I correct in this context?
latest answer
yes
sitaram kollepara
CA Inter
★ 2K+
1
219
Illustration 31
Financial Reporting
answered on 07-May-24 15:42
Sir, In this question, First advance annual payment isn't it before commencement? Hence Rs 5,00,000 should not be considered for computing lease liability. and Payment at the beginning of the first year would be Rs 5,15,000
latest answer
First payment here is advance payment - 500000 Next year 3% increase.
Gunda Sharan
CA Final
★ 150
1
481
Bank Audit
Auditing
answered on 03-May-24 18:12
In stock audit, there is a word ' funded exposure ' . Please explain what it's.
latest answer
Thanks Sir 🙏🏻
Mehak K
CA Final
★ 3K+
3
444
No of days for interest
AFM
answered on 03-May-24 07:42
For interest calcn, since Global ltd requested for delivery of remittance on 02 Mar, should the number of days taken be 30 or we consider 31 basis that the amt was received by Global ltd on 28th Feb. Although latter has been considered in solution, wanted to understand the logic in selecting dates
latest answer
For all boring or interesting computations we either include day of borrowing or day of repayment but not both. If u borrow on 1st Jan and repay on 31st Jan interest is computed for 1st Jan but not for 31st Jan Same way depeivery received on 28th feb instead of 31 dec So 28th he is considered and 30 days in next month so total 31 days
Priyanka Udeshi
CFA L1
★ 14K+
1
302