Forums
Depreciation
AFM
answered on 13-Mar-24 19:45
Dear sir, They have mentioned the production cost as 40% of revenue isnt depreciation of machinery and factory part of production cost.
latest answer
What is the exact doubt that you have
Vanacharla Sai Pavan Kumar
CA Final
★ 8K+
2
334
NCI at fairvalue
Financial Reporting
answered on 23-Mar-24 22:07
Why in this case impairemnt charged to unit c before allocation of goodwill
latest answer
If Corporate asset cannot be allocated, the allocation is done on similar lines as goodwill.
binu mathew
CA Final
★ 0
10
219
recheck pls in ACF NPV %
AFM
answered on 22-Mar-24 17:30
sir i am getting 63.08% change in NPV for annual cash flow by 10%
latest answer
Made the correction in video - thanks for highlighting
Hariharan S
CA Final
★ 5K+
2
205
AS 26
Accountancy
answered on 10-Mar-24 15:59
->Sir as per an amendment for tax subject, goodwill is no longer an intangible asset ->what is its treatment in accounting? .will it be under intangible asset only? ->only for tax subject we hv to treat it as not intangible asset?
latest answer
Thank you sir
Nithya sree G
CA Inter
★ 0
2
215
IND AS 19
Financial Reporting
answered on 10-Mar-24 13:02
Sir, Illustration 3 how did he work 6 days more, when we look year 20X0-X1 - he has worked 3 days extra and which has compensated in the next year.
latest answer
On the basis of actual number of days worked.
Swathi Krishna
CA Final
★ 8K+
1
298
Present value annuity factor formula
Financial Management
answered on 15-Mar-24 14:54
what is PVAF formula in YTM approach
latest answer
The PVAFs will be given in the question. Even otherwise it is easily computed with the help of calculator. please follow the videos for the same
sri nekesh
CA Inter
★ 0
1
510
Ind AS -2
Financial Reporting
answered on 10-Mar-24 08:37
Hello Sir, have they assumed it as FIFO in this question?
latest answer
We can use either FIFO or weighted average in this question- the answer does not change as Opening Inventory is at 10 (11000/1100) also purchases are made at 10 (100000/10000) . So it does not matter which method we use - we need to value closing and COGS at 10 only.
Suresh Avinash
CA Final
★ 3K+
1
285
SELF PACED ONLINE MODULES
Exams
answered on 09-Mar-24 18:02
Any update on self paced online modules?
latest answer
Not yet. Just set A and B study material hav been released.
Durai Murugan
CA Final
★ 470
1
401
PLEASE HELP ME SOLVE THIS QUESTION
Accountancy
answered on 09-Mar-24 20:53
The Net profit before tax of Mitra Ltd was Rs 100 lakhs and the Income Tax rate was 37%. The company’s preference share capital has the following classes12% Non Cumulative preference share capital 10% Cumulative preference share capital In its accounts, Mitra Ltd. has declared/ paid following dividends on preference capital: On No cumulative preference shares- fully declared for the current year. On cumulative preference shares- for the past three years. Assume dividend distribution tax at 17% and that the company transferred Ra 5 lakhs to general reserve. You are required to calculate the net profit for the period, attributable to equity shareholders.
latest answer
Which video are you referring to?
Angry Toshniwal
CA Final
★ 505
3
602
Impairment
Financial Reporting
answered on 11-Mar-24 10:39
In Illustration 21 (Impairment) it is mentioned that Recoverable amount of Machine A and B =7,60,000 as on 31 March 17 and the recoverable amount of CGU=11,00,000, There is 2,00,000 of Inventory . What about the balance (7,60,000+2,00,000 - 11,00,000= 2,00,000) is that goodwill recoverable amount?
latest answer
Not exactly goodwill but synergic effect. Please note goodwill cannot be sold independently.
Bhoomi Makhecha
CA Final
★ 35
1
304