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answered on 25-Mar-24 16:34

I requested for ca inter nov 23 answer paper through rti and this is what the reply came back so what should i do next

latest answer

ok sir thank you

Vidyakrishna vidyakrishna

Vidyakrishna vidyakrishna

CA Inter

1K+

4

353

Articleship

Others

answered on 22-Mar-24 20:20

Is there any mandatory exams during CA Articleship period ? If yes how to check or apply for that exams. Not about self paced modules.

latest answer

Yes, there are practical assessments test you need to appear during your article ship. you can check for further notification at www.icai.org. Link for PT test - https://pttest.icai.org/

Sai Vema

Sai Vema

CA Final

108K+

1

464

IND AS 33

Financial Reporting

answered on 22-Mar-24 11:42

Answer for this question does not match with ICAI

latest answer

ICAI has changed the assumption. Will add a new video for this in Financial instruments chapter.

Bhoomi Makhecha

Bhoomi Makhecha

CA Final

35

1

210

Strategic levels

Strategic Management

answered on 28-Mar-24 17:54

In business level only they translate the general statement/ strategies into concrete strategies of their individual business. But why have they given as functional level?

latest answer

👍

NANDHINI U S

NANDHINI U S

CA Inter

37K+

8

377

PSU

Economics

answered on 29-Mar-24 14:27

if we have very less PSU won't it cause problem because private players operate mainly on profit motive

latest answer

Ok sir

Arjun

Arjun

CA Inter

8K+

2

168

Exchange rate

Economics

answered on 29-Mar-24 19:13

This is my general doubt; nowadays the exchange rate between INR/USD is close to 85 rupees is it good for our economy or bad for our economy

latest answer

Ok sir

Arjun

Arjun

CA Inter

8K+

2

420

IND AS 16 - Exchange of Assets

Financial Reporting

answered on 22-Mar-24 17:54

As per the standard, to analyse if an asset lacks commercial substance or not we have to check the relevant cashflows of the assets exchanged. If it turns out to be a insignificant change in Cashflow, then it is considered that the transaction lacks commercial substance. Is significant/insignificant change in cashflows depend on materiality of the entity? Or is it a specific principle which deals with this gap. Kindly correct if my understanding is wrong

latest answer

You need to look at materiality and also the nature of assets.

Shreyas Nayak

Shreyas Nayak

CA Final

0

1

192

IND AS 16 - Exchange of Assets

Financial Reporting

answered on 22-Mar-24 17:55

Here as you said if the exchange of Assets from Company A to Company B takes place at the carrying value of the asset given up then what to be done to the difference of 5 Lakhs (45 Lakhs - 40 Lakhs)

latest answer

Existing Asset is credited with carrying value. New Asset is Debited with the same amount. The excess fair value is not relevant.

Shreyas Nayak

Shreyas Nayak

CA Final

0

1

161

Forged transfer of shares

Corporate & Other Laws

answered on 22-Mar-24 20:46

Mam in case transfere is forged the sign means

latest answer

please explain your question. Its not clear what you are asking

Lavanya royal Lovely

Lavanya royal Lovely

CA Inter

150

1

192

Incorporation

Corporate & Other Laws

answered on 22-Mar-24 15:53

When the director of the company uses the property and started sole proprietorship on his own. Is the above action is right?

latest answer

Ok thank you for the replies

Divya

Divya

CA Inter

90

5

335