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Recognition of Bonus Payable - Interim

Accountancy

answered on 10-Mar-24 12:56

Hi sir, hope you're well. Bonus payable, must be proportionately accounted for prospectively over the interim periods, only if the same is a legal obligation. My doubt is whether the same treatment must be given, if the obligation isn't legal but constructive? Thanks.

latest answer

Yes

Devaprasad Jothimani

Devaprasad Jothimani

CA Inter

0

1

281

dividend decisions

Financial Management

answered on 15-Mar-24 16:44

video no. 13 what is a multiplier?

latest answer

Please ignore, as it was there in Graham & Dodd's model, which is now excluded in the syllabus.

Roobashree Rajagopal

Roobashree Rajagopal

CA Inter

1K+

1

307

As 28

Accountancy

answered on 10-Mar-24 13:01

I gone through the classes but still it's not clear that what is the difference between Bottom up test and top down test. In both the impairment loss is primarily setoff with Goodwill and secondarily with carrying amnt. Then what is the difference? Kindly consider my queries. Im really confused.

latest answer

Say we have 3 CGUs - A, B & C. If goodwill can be allocated on reasonable basis we allocate goodwill to A, B & C and test for impairment of each CGU - This is bottom up. If Goodwill cannot be allocated on reasonable basis, we identify the next higher level CGU. Say combination of A, B & C and then test for impairment of all three CGU (larger CGU) including goodwill. This is top down.

1 Minute Review

1 Minute Review

CA Inter

405

3

387

As 25 Interim financial report

Accountancy

answered on 08-Mar-24 14:40

Can I know how the ansr 17000 is computed?

latest answer

Ok sr

1 Minute Review

1 Minute Review

CA Inter

405

2

1K+

Books by indigo learn

Strategic Management

answered on 10-Mar-24 12:55

Shall I use the book provided by indigo learn in free resources for strategic management ? Is the book covers all the concepts in detail?

latest answer

Yes

Siva Balan

Siva Balan

CA Final

2K+

2

347

presentation doubt

AFM

answered on 08-Mar-24 04:40

concept r clear sir, i have doubt in presentation part , need to present every step in exam or presentation in classes which is enough for presentation in exam sir especially for variance (x-x bar)whole square ,

latest answer

Upto you. step wise is as much for you to cross check as it is for evaluator X-x bar computation may not carry step wise marks

Hariharan S

Hariharan S

CA Final

5K+

1

184

illustration -CE

AFM

answered on 07-Mar-24 21:31

alpha can also be directly multipled by cash flow ?

latest answer

yes. and then with PVF Why are you asking this ? one more student asked same query last week

Hariharan S

Hariharan S

CA Final

5K+

1

168

Provision for depreciation

Accountancy

answered on 10-Mar-24 13:10

In a companies balance sheet, should provison for depriciation be shown as a short term provision ? Or should the net value of asset be shown in asset side

latest answer

Reduced from the Gross book value.

Parvathy Ajith

Parvathy Ajith

CA Inter

0

2

323

Bonds valuation

AFM

answered on 15-May-24 16:33

Sir which formula is correct in this question?

latest answer

No problem sir

Sruthi Bellamkonda

Sruthi Bellamkonda

CA Final

70

4

255

Capital gains

Direct Taxation

answered on 11-Mar-24 12:31

In this question capital gains will arise right since conversion done of capital asset into stock in trade..Y under Capital gains nothing is taxable ..Y the reason of personal asset came ..even it's a personal asset it's converted into stock in trade right ..

latest answer

If it is personal effect then there is no tax at all. Section 45(2) will apply only when "CAPITAL ASSET" is converted into stock in trade.

Lavi Lavanya

Lavi Lavanya

CA Inter

6K+

1

323