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Password request
AFM
answered on 22-Mar-24 10:55
Hi Team, Could you please provide the password for excel files to go through the workings.
latest answer
Excel files are our IP. We share the files with read only access. You can watch videos and see what we have done. However, regret we cannot share the password for editing the files
ahmad bunyamin
CA Final
★ 1K+
1
317
As28
Accountancy
answered on 30-Mar-24 17:50
How can revaluation price and market value b different ? Based on what reason ?
latest answer
There are different ways to calculate fair value. May be management has used its estimate.
Sushmita Chowdhury
CA Inter
★ 2K+
3
327
Closing stock of FG not recorded
Financial Management
answered on 24-Mar-24 13:03
Dear sir, why aren't we recording closing stock of FG computed (6% of working cost ) in P&L A/C (2m:37s)
latest answer
Thank you sir
Srinidhi
CA Inter
★ 270
2
153
Equity valuation
AFM
answered on 22-Mar-24 11:45
Sir how this formula is derived??
latest answer
Thank you sir
nazriya nasar
CA Final
★ 7K+
2
333
Computation of works cost
Financial Management
answered on 21-Mar-24 18:43
Dear sir, In 4:44 of the video, it is said that there is no opening or closing stock of WIP & FG ,hence works cost = COGS. But, they have mentioned closing stock of FG as 6%of works cost , then why are we not considering it sir?
latest answer
Thank you sir
Srinidhi
CA Inter
★ 270
2
147
Business Combinations- Illustration 1
Financial Reporting
answered on 23-Mar-24 19:26
Sir, usually under Fair Value Method of computing NCI, Purchase consideration paid is considered as Fair value for the stake purchased and accordingly NCI FV is calculated. But we directly used Market value of acquiree's shares as Fair Value in this question. Why is that? Also, if question doesn't mention about the method of computing NCI, what method is preferred?
latest answer
The question will mention that the NCI are measured at fair value. There are two ways to compute fair value of NCI 1. Based on Market price of shares (if available) 2. Based on amount paid by parent company Sometimes the question gives different FV of NCI, in that case you should take that value. if nothing is mentioned then you will consider proportionate of net assets.
Sruthi Bellamkonda
CA Final
★ 70
1
170
GST on legal services
Indirect Taxation
answered on 22-Mar-24 17:59
can anyone please explain me what exactly is this exemption related to? we have taken legal services and exempted from charging the GST under RCM. Here we are registered newly incorporated partnership firm, with "0" Preceding Financial year
latest answer
If legal services are supplied to a business entity whose turnover does not exceed threshold limit then the legal services would be exempt. If it is exempt then there is no question of RCM.
Chandu vadla
CA Final
★ 11K+
1
335
calculation of debtors
Financial Management
answered on 21-Mar-24 17:42
while calculating the debtors in illustration 7,why is debtors calculated by using cost instead of selling price?? in the 6th ilustration,debtors is calculated by taking selling price. why there is a difference like this??
latest answer
they are 2 approaches of computation. i had mentioned the same in the videos
Nikitha Velavalapalli
CA Inter
★ 3K+
1
166
Portfolio Management -Portfolio Beta
AFM
answered on 21-Mar-24 15:23
Sir , For calculation of weights to arrive at Portfolio beta . do we consider market value at year end or cost sir in order to multiply the weights with corresponding beta ?
latest answer
When are you calculating the Beta it depends on that
M Naresh
CA Final
★ 3K+
1
283
NOT OPTED FOR 115BAA
Direct Taxation
answered on 22-Mar-24 18:04
can anyone tell me the answer and calculation.
latest answer
Perfect.
Sai Kiran
CA Inter
★ 4K+
5
483