Forums
Cost of capital
Financial Management
answered on 04-Mar-24 02:26
The (ii) point of the question is my doubt sir, I am not able to understand how to solve the problem, please guide me in solving the problem sir
latest answer
please post questions only from ICAI or IL material
siva chaitanya
CA Final
★ 13K+
1
323
Subsequent Recognition of Current Investments
Accountancy
answered on 02-Mar-24 20:05
Hi sir, hope you're well. Generally, we reduce the carrying value down to lower of cost / FV, at balance sheet date. Suppose we make a sale of part of the investment before the balance sheet date, do we reduce the carrying value down to lower of cost / FV first, and then book profit / loss on disposal? Or is there no need to check for revaluation apart from balance sheet date. Thanks
latest answer
For sale you directly compare carrying amount and sale value.
Devaprasad Jothimani
CA Inter
★ 0
1
270
Deduction under chapter via
Direct Taxation
answered on 04-Mar-24 13:35
Sir, if i got exemption under 10(10D) for the insurance premium, can i claim deduction under 80C in respect of life insurance preimum
latest answer
Welcome
Swathi Krishna
CA Final
★ 8K+
3
309
Options
AFM
answered on 02-Mar-24 07:54
Did we solve this illustration by taking CALL Option just because it is given "one month option should be bought at a strike price of 94 cents"? Since he is purchasing foreign currency he should choose PUT Option? Confused when should one opt for CALL Option and PUT Option (Previous question was solved using PUT Option).
latest answer
Yes buy sell depends on what your transaction is i.e payment / receipt and how are futures quoted
shamanth rm
CA Final
★ 2K+
7
232
SA 810 summary financial statements
Auditing
answered on 02-Mar-24 13:30
can any one clarify In Management Responsibility, 3rd Point is it Audit report of Summary Financials or audit report on complete set of financials to be included with summary financial statements
latest answer
Thank you ma'am
M Naresh
CA Final
★ 3K+
3
358
Adjustment regarding final accounts
Accountancy
answered on 02-Mar-24 19:32
In this question, intdrim dividend paid is given as 18000 but un the adjustments, final duvidend is declared at 10 percent. Why arent we showing that or deducting it from profit
latest answer
Date of declaration is after FY end.
Parvathy Ajith
CA Inter
★ 0
1
289
Portfolio Management
AFM
answered on 01-Mar-24 13:00
In the illustration compiler qn. 23, the market beta is assumed as 1, but the same qn in ICAI SM (Test your knowledge qn. 22), market beta calculated is 1.42. Generally we assume market beta as 1. How we know the that market beta is other than 1 & calculate which is implied in the qn? Whether we need to follow ICAI suggested answer?
latest answer
Thank you sir
VISAAGAN R
CA Final
★ 940
2
348
Clubbing
Direct Taxation
answered on 04-Mar-24 13:35
Loss club krte h toh exemption nhi milti kya ? For eg : cluubing loss from minor business , toh isme 1500 ki exemption milegi yaa nhi ??
latest answer
Welcome
Code X
CA Final
★ 960
3
322
Difference between
Auditing
answered on 01-Mar-24 11:15
I would like to know the difference between Investigation and Examination of Financial Statements
latest answer
Investigation refers to the systematic process of gathering information, evidence. Examination entails a careful and detailed analysis of a particular subject.
Harish Chandar T
CA Inter
★ 5
1
525
Video Upload
Auditing
answered on 05-Mar-24 23:20
did all the videos for this topic has been uploaded or still pending?
latest answer
Will get back to you
Satha Sivam
CA Final
★ 6K+
1
220