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Accountancy

answered on 22-Apr-24 17:29

Can I skip branch accounts chapter alone? Is there any possibility of asking branch accounts in Mcq or compulsory question ?

latest answer

They can ask.

Soon to be CA

Soon to be CA

CA Inter

★ 4K+

4

411

Doubt on Exchange Margin

AFM

answered on 17-Apr-24 19:09

Sir Why we are reducing Exchange margin percentage from the new contract rate but the same we didn't reduced from the initial contract or original contract rate ? Could you please explain it sir?

latest answer

Ok sir. Tq

Hanumanthu Rajesh

Hanumanthu Rajesh

CA Final

★ 7K+

2

477

Purchase consideration settlement

Accountancy

answered on 22-Apr-24 15:45

Purchase consideration means any payment to owners of the company i.e. Shareholders. So pc does not include any settlement made to debenture. That logic is enough know. Again in this video net assets value does not effect on settlement made. What is that. I didn't understand the 2nd logic.

latest answer

There net asset value does not change because the debentures are redeemed by issuing new debentures as the liability does not change If those are redeemed for cash then it will have impact on both liabilities side and the assets side with the same amount. So net assets will not change

sitaram kollepara

sitaram kollepara

CA Inter

★ 2K+

1

466

Base case NPV

AFM

answered on 17-Apr-24 16:24

Slightly unclear as to why we took Rs. 110000 as the base case NPV in part 4 of the question, why should it not be INR 109000. Tried rewatching, but still in doubts.

latest answer

we took all 3 cases of npv( best , base, worst) & subtracted expected npv from eacg of them in variance computation we had computed best & worst earlier in part 2 so now computed base also

Priyanka Udeshi

Priyanka Udeshi

CFA L1

★ 14K+

1

460

As to Ind AS

Financial Reporting

answered on 24-Apr-24 14:26

Is there any impact on deferred tax due to employee dues "Payroll area" while converting from AS to IND AS

latest answer

Yes

Gauri Shete

Gauri Shete

CA Final

★ 5K+

1

330

Risk Mgmt - Value at Risk

AFM

answered on 17-Apr-24 15:36

Can somebody confirm the Z score should be taken for exam At 99% -2.33 At 95% -1.96 At 90% -.1.31 Because I found Two Z scores in two authors material @95% Z score ?

latest answer

two tailed 90% - 1.645 95% - 1.96 99% - 2.58 one tailed 90% - 1.28 95% - 1.645% 99% - 2.33% In ICAI problems we consider one tailed test as we look for probability of loss only so entire profit side of the curve is irrelevant so one tail is not required

M Naresh

M Naresh

CA Final

★ 3K+

1

472

Start up finance

AFM

answered on 17-Apr-24 12:34

Sir what is the difference between these 2 questions

latest answer

One is innovative mode of financing and other is who are financiers

nazriya nasar

nazriya nasar

CA Final

★ 7K+

1

405

SA 230

Auditing

answered on 17-Apr-24 19:33

Couldn’t find video for SA 230.Plz upload SA 230 video

latest answer

Let me check with team and revert back.

Snegha Anand

Snegha Anand

CA Inter

★ 0

1

202

Securitization

AFM

answered on 17-Apr-24 12:35

If the originator goes Bankrupt , does preferential and other Creditors of originator have superior rights in Special purpose vehicle or SPV Is only available to Investors ?

latest answer

Concept of SPV itself is that the creditors of the company ( originator) no longer have a right on those assets. All assets belong to investors only

M Naresh

M Naresh

CA Final

★ 3K+

1

326

about mock test for Inter

Accountancy

answered on 23-Apr-24 23:55

Sir, what is the cut off date for writing mock test for advanced accounting?

latest answer

it must not exceed 7 days before exam..:)

Jayamalini Baskaran

Jayamalini Baskaran

CA Inter

★ 520

2

389